Waverton Multi-Asset Income Fund Marks Five Years

Waverton Investment Management announces that its Multi-Asset Income Fund has reached its five-year anniversary. The fund is designed to be a core holding for investors seeking a reasonable level of income and capital growth ahead of inflation over the medium-to-long term.  The fund has a historic yield of 3.8% and is top quartile in its peer group since inception.

The Dublin-domiciled fund has a global, long-only, multi-asset mandate and is designed to generate income through the cycle by diversifying income sources. Waverton believes that the diversification of income is essential to the provision of sustainable income payments.

The fund invests in a broad range of asset classes, including equities, government and corporate bonds and alternatives. The fund is principally invested directly in equities and bonds, and in securities listed on exchange. The fund maintains a relatively concentrated portfolio of around 50 holdings, with a high degree of flexibility.

Currently the fund is approximately 50% invested in equities, 20% fixed income and 20% alternatives, with the remainder in cash.

The fund (P Class) is four-star rated by Morningstar, has a Dynamic Planner rating of 4 and a Defaqto risk rating of 5. It is available on the majority of third-party platforms.

Waverton Multi-Asset Fund Manager James Mee said: “Our principal objective is to maximise risk-adjusted returns over time, and we detail what we focus on in order to do this, namely: grow the capital in-line with or ahead of inflation, pay a consistent and sustainable dividend, and protect capital in periods of market stress. In order to achieve all three, we must ensure we are not reaching for yield or paying income out of capital, and we are focused on keeping fees as low as possible.”

Risk Warning: Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.  Capital security is not guaranteed.  The information provided does not constitute investment advice and it should not be relied on as such.  It should not be considered a solicitation to buy or an offer to sell a security.  It is based on our current view of markets and is subject to change. 

Copies of the Waverton Multi-Asset Fund Prospectus and Key Investor Information Document (KIID) are available from Waverton or the administrator. Details can be found on our website: www.waverton.co.uk/investment-funds