Ashburton restructures funds

Professional Adviser
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Ashburton has re-designed its managed income funds so investors will now receive a regular quarterly...

Ashburton has re-designed its managed income funds so investors will now receive a regular quarterly dividend. The Sterling Managed Income fund and the US Dollar Managed Income fund are part of the Ashburton Global Funds umbrella and comprise an international portfolio of fixed interest securities and cash deposits with a currency overlay. Tom Zambon, business development manager at Ashburton, said: "With the re-launch of these funds, we intend to maintain the low level of volatility that has become a characteristic of their performance. In the volatility analysis provided by Lipper, ou...

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