Optimum Income fund, run by steve snowden, will invest exclusively in UK-issued bonds
Aegon is to launch a higher yielding bond Oeic subfund in March offering 8% per year to investors. The Optimum Income fund adds to two other bond funds, which the group is promoting with a three-month campaign entitled Aegon for Bonds. The new product will be managed by Steve Snowden, who also manages the Extra Income and Socially Responsible bond funds included in the campaign. The portfolio will invest exclusively in UK-issued bonds and is aiming at having an approximately even split between investment-grade debt and high-yield paper. Helen McGill, head of product strategy at A...
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