unit trust will have a 70% fixed interest weighting with 20% in equities and 10% in cash
Sarasin has launched a fund seeking both income and capital growth, through holding a combination of bonds, equities and cash. Sarasin CI Income portfolio is to be structured as a Guernsey-based unit trust and if there is sufficient demand it will be launched as a UK unit trust later in the year. The portfolio contains mostly investment grade bonds but also a percentage of equities. The lead manager is Daniel Briggs, who currently manages the group's balanced managed portfolios. He is assisted on the fixed income side by John Godley, a bond fund manager at Sarasin. The aim is to ...
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