Schroders to launch high income fund of funds

The Managed Monthly High Income fund will be available to investors from 21 May. It will be co-managed by Thomas See (pictured), head of structured fund management, who runs the covered call option elements of the Maximiser range, alongside bond manager Gareth Isaac. The new fund will offer a monthly distribution from four different income sources: equities, bonds, property securities and income from volatility. The fund is aiming to offer a potential yield of 5.5% plus per annum. Investors will gain access to eight of Schroders' active investment strategies including four equity M...