Fund manager: Steven Andrew
Deputy: Tony Finding
The objective of this strategy is to generate a high and rising level of income over time through investment in a diversified range of assets. Subject to this, the strategy aims to provide capital growth over the long term. It also:
- has an estimated gross annual yield of 4%, distributed monthly, with capital growth of 2% to 4% pa and volatility between 4% and 10% pa over the long term†
- produces income from a globally-diversified range of income generating assets and never draws income from capital
- is careful not to overreach for income in very high yielding assets at the potential expense of capital growth
† The estimated annual yield is based on the gross income, before withholding tax, expected to be received from the underlying investments in the fund as a percentage of the current fund share price. The estimated annual yield is not guaranteed and may be revised in the future. The ongoing charge is taken from investments held in the fund’s portfolio and not from the income these investments produce. The potential capital growth is quoted net of charges and calculated over the long term. The potential volatility figures are calculated on a monthly basis over the long term. Please note, these figures are not guaranteed and may be revised in the future.