Wise overhauls multi-asset income fund with changes to objective

‘External factors’

clock • 2 min read
Vincent Ropers, co-manager of the TB Wise Multi-asset Income fund
Image:

Vincent Ropers, co-manager of the TB Wise Multi-asset Income fund

Wise Funds has changed the investment objective of its TB Wise Multi-Asset Income fund and has switched it into the IA Mixed 40-85% Investment sector, citing external factors.

The fund now seeks to grow both its income and capital in real terms, while delivering investors a minimum target yield of 3%. It is currently yielding 4.4%. The decision to alter the fund's objective...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment