View the article online at http://citywire.co.uk/money/article/a607012
Investec adds income fund to risk-rated range
Investec Asset Management to launch an income fund run by John Stopford and Max King.
The fund, which is set to launch in the coming months, will be the last addition to form the five-strong product line-up, which focuses on delivering an outcome rather than relative performance.
This diversified fund of funds can invest in Investec’s products, as well as external funds and products such as exchange traded funds (ETFs).
The range also brings together three of the firm’s existing funds, comprising Alastair Mundy’s Cautious Managed fund as well as the Multi-Asset Protector and Managed Growth funds, both run by Saunders and King.
Each fund is also independently risk-rated by consultancy Distribution Technology, and Investec said the funds have ‘competitive’ total expense ratios.
Stopford and King recently took over the management of the firm’s Managed Distribution fund, which was formerly run by Mundy.
Stopford also manages, among other funds, the Investec Global Bond fund, a Citywire Selection pick, delivering 26.43% over three years to the end of May versus the Citigroup WGBI Total Return index’s 22.78%.
News sponsored by:
After Boris announced he was backing Brexit, sterling suffered its biggest slump in six years. Our Market Mavens discuss. Follow the Market Mavens LinkedIn page for weekly videos, in which our panel of industry experts share their views on financial news
The Citywire guide to investment trusts
In association with Aberdeen Asset Management
More about this:
Look up the funds
- Investec Diversified Growth A Inc Net
- Investec Cautious Managed A Acc Net
- Investec Multi Asset Protector A Acc Net
- Investec Managed Growth A Acc Net
Look up the fund managers
More from us
- Van Pittius teams up with Eerdmans to co-head EMD at Investec
- Investec gets RDR-ready with Managed Solutions Range
- Citywire Selection
Tools from Citywire Money
From the Forums
Weekly email from The Lolly
Get simple, easy ways to make more from your money. Just enter your email address below
An error occured while subscribing your email. Please try again later.
Thank you for registering for your weekly newsletter from The Lolly.
Keep an eye out for us in your inbox, and please add email@example.com to your safe senders list so we don't get junked.