New Star launches Higher Income Fund

New Star is launching a Higher Income Fund for the Isa season on offer from the 4 February 2002. Toby Thompson, who joined the company from Newton, will manage the fund. The New Star Higher Income Fund aims to provide investors with an increasing income stream and long-term capital appreciation. A discount of 1% on the initial charge of 5.25% will apply during the three-week offer period between the 4 February and the 22 February. The same discount will apply for Isa and Pep transfers between 4 February to 5 April. With a minimum investment of £1,000 and regular monthly lu...