WAY/Integrity unveil new Euro Income FoF

The new Elite Integrity European Income fund is designed to fill a gap in the equity income sector, according to its manager, Colin Fogwill, the owner of Fogwill & Jones Asset Management, which does business as Integrity. His new fund will sit in the IMA Europe Ex-UK sector, “even though the sector is a growth sector and we are an income fund,” says Fogwill, who notes the IMA has yet to introduce a Europe Ex-UK income category. The fund will make use of the Elite third party fund management arm of WAY Fund Managers. Initially, the Elite Integrity European Income fund will invest in...