MoneyGuru launching its first unit trust in February

Professional Adviser
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MoneyGuru is to launch its first unit trust, the Elite MoneyGuru Income with Growth Trust, in early ...

MoneyGuru is to launch its first unit trust, the Elite MoneyGuru Income with Growth Trust, in early February. The fund will be managed by Ian Lancaster, the group's investment director. It will target a consistently high level of income by investing in a range of high-yielding, predominantly small and mid-cap stocks which are capable of generating sustainable earnings and capital growth. A hypothetical portfolio has been run by Lancaster since November 2000, with the performance displayed upon the MoneyGuru website. At launch, the portfolio will be based on this model. The trust wil...

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