Henderson Rowe's Dogs of the FTSE 100 strategy will now be launched as a fund.
The fund will open to investors on 18 June within an OEIC wrapper with a twenty one day offer period.
Minimum investment in the fund is £3,000 and can be held within both ISA and SIPP wrappers.
The Dogs of the FTSE 100 strategy, which invests exclusively into the fifteen stocks with the highest prospective yields in the FTSE 100 Index, has generated a 115% growth since May 2003, compared with just 57% growth by the FTSE 100 Index.
The portfolio, which currently includes stocks such as Lloyds TSB, Vodafone, RBS, Shell and Aviva, is rebalanced quarterly, to align with changes in the FTSE 100 as determined by the FTSE Actuaries, and to reflect the latest yields. Stocks typically included in the Dogs portfolio have generally underperformed recently, have a capitalisation at over £3 billion and have the highest yields in the FTSE 100.
WAY Fund Managers, a UK fund manager, has been appointed as authorised corporate director.
The Initial charge in the retail class is five % while the commission is three % and 0.5% trail. The annual management charge is 1.5 %. There is no charge or commission for the institutional class and the annual management charge is one %.
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