Cazenove to launch Diversity Income Fund

Cazenove Capital is planning to launch a new multi-asset, multi-manager income fund called Cazenove Diversity Income Fund.

Marcus Brookes and Robin McDonald will manage this fund and its goal is to provide investors a combination of capital growth and income.

The scheme will be launched in the fourth quarter of this year once the regulatory approval comes through. The portfolio for this fund is a combination of assets, constituting 40 per cent each of equities and fixed income and 20 per cent of alternatives. The minimum investment for this scheme will be £1,000 and the annual management charge will be 1 per cent for retail investors with 5 per cent initial fee.

Along with this scheme, Cazenove is also launching Cazenove Multi-Manager Diversity Fund for the second time around.

Commenting about this, Marcus Brookes, head of multi-manager at Cazenove Capital, said, ‘The Cazenove Multi-Manager Diversity Fund has delivered a creditable performance track record, which demonstrates Cazenove Capital’s capability in multi-asset investing.’

If you are considering a bridging loan, Masthaven is ideal for your financial needs, so get in touch.

Related posts:

1. Invesco Real Estate closed its first US Real Estate Fund
2. INREV report records sharp reduction in European funds’ capital
3. Public Services to suffer due to Pension Fund Liabilities
4. FSA to launch an onslaught on the sale and rent back market
5. City’s tallest tower on the market for £300m

Tags: Bridging Finance, bridging loans

This entry was posted on Monday, September 27th, 2010 at 5:53 pm and is filed under Bridging Finance, bridging loans . You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.