Heartwood in equity income MM launch

The CF Heartwood Pedigree Equity Income fund offers a cost efficient way of providing equity exposure within its diversified income model. Robert Allinson, Fund Manager, Heartwood Wealth Management, said: “The fund is tailor-made for investors seeking a real and growing income whilst at the same time mitigating the risk of eroding their underlying capital.” It is hoped the new approach will appeal to investors who draw income from these funds, rather than reinvesting it. The model aims to deliver a running yield of at least 120% of the UK stock market. Heartwood has also revis...