Rothschild Asset Management is to launch a Guernsey-based income fund in June, subject to regulatory...
Rothschild Asset Management is to launch a Guernsey-based income fund in June, subject to regulatory approval. The Five Arrows Income Fund will primarily invest in sterling and euro-denominated corporate bonds. The fund will maintain a weighting of around 70% to A-rated securities and above. The initial target running yield is 7.4% with income paid quarterly. It will have both sterling and euro share classes with a no-load share class option. Both offer 3% initial commission and 0.3% trail.
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