Baring Asset Management (Barings) confirms the launch of the Baring Multi-Asset Income Fund, which became available on July 29. Barings says the fund is suitable for investors who are looking for a retirement income solution which combines sustainable income generation across multiple sources of income, along with rigorous risk management.
The investment objective is to generate income as well as potential for medium-to long-term capital growth. The fund is targeting an indicative annual yield of 5 percent, with monthly distribution.
It says the fund utilises a dynamic approach to investing, emphasising diversification across multiple sources of income, and dynamic asset allocation to deliver the sustainable monthly income payments required by investors.
The dynamic asset allocation process is complemented by a rigorous securities selection process in order to find the most suitable securities that provide attractive and sustainable levels of income.