The funds will have a capped ongoing charge figure (OCF) of 0.65%.
The move into funds follows SPW receiving Authorised Corporate Director (ACD) status last year.
The SPW Portfolio Funds comprise six risk rated, multi-asset funds which combine different investments and asset types including equities, bonds and alternatives.
The six portfolios are SPW Cautious Portfolio, SPW Discovery Portfolio, SPW Balanced Portfolio, SPW Progressive Portfolio, SPW Dynamic Portfolio and SPW Adventurous Portfolio.
SPW says its new fund range builds on its relationship with Schroders Investment Management. SPW will be responsible for setting the mandate and will have overall oversight for the range, while Schroders Investment Management will manage investments.
The portfolio funds, exclusively available to clients of SPW, will invest mainly in Schroders funds, along with some third party funds.
SPW says it is committed to “simple transparent pricing” for clients.
Marcus Brookes, chief investment officer at Schroders Personal Wealth said: “These are the first portfolio funds that we have launched within our new ACD so this is an exciting milestone for the company and a significant step on our journey towards becoming a top Financial Planning business in the UK.”