Packaged income from Threadneedle

By Jane Wallace Threadneedle Investments will launch a packaged income pro-duct which yields 6.1% gross on 4 October The 3-IN-1 Monthly Income Solution comprises three funds: the High Yield Bond Fund, which yields 8.75%; and the Monthly Extra Income Fund, yielding 4.2%, which are also launched on 4 October; and the existing Monthly Income fund, yielding 2.8 The Solution will be 50% invested in High Yield Bond, 25% in both Monthly Extra Income and Monthly Income. It will therefore be about 40% weighted towards equities and 60% invested in bonds. It is available either as an Isa or straigh...