Winterthur Life has added the Credit Suisse Income Fund to its Tailored Selection, with an annual fu...
Winterthur Life has added the Credit Suisse Income Fund to its Tailored Selection, with an annual fund management charge of 0.80%.
The Tailored Selection offers funds from a range of managers. Investments can be divided between as many appointed managers as the client chooses, with no minimum investment. Switches between investment managers are penalty free.
Laurie Fulton, investment products manager at Winterthur Life, said: "Income funds are an important part of a diversified portfolio. This quarter has seen a return to the fundamental value principles of UK income funds, which have enjoyed their largest quarterly outperformance since the last quarter of 1992."
The £241.4m Credit Suisse Income fund, managed by Bill Mott, is ranked five out of 91 companies in the UK Equity Income sector, on offer to bid returns of 9% over the year ending 6 September. Over three years the fund has returned 43.3%, on an offer to bid basis, compared to average sector returns of 31.9%, ranking it 10 out of 83 funds.
Mott managed Credit Suisse Income between 1986 and 1996 and has recently returned as lead manager.
'Integral part' of the financial planning process for many advisers
Proposals outlined at Labour Party conference
Finance industry working to stop fraud
Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.
CEO labels whistle-blower as 'brave'