Fidelity International is launching a new investment fund aimed at providing people with a high level of regular income, it has been revealed.
The Fidelity Enhanced Income investment fund will be managed by Michael Clark and aims to deliver a yield of 150 to 200 per cent of the FTSE All-Share index yield.
At launch, the estimate yield for the investment fund is 7.1 per cent, although this will fluctuate depending on market performance.
Mr Clark, who has 22 years of investment experience, said: "We are entering a period of time when dividend income will be a crucial component of shareholder returns. This fund offers a simple and transparent method of enhancing that income."
As interest rates are at a historic low, people should be looking at investment products for a return on their money, he added.
Yesterday, Pramit Ghose, manager of the Elite Bloxham Global Equity Income investment fund suggested that US shares will be a good buy in the year ahead.
Regular income investment fund launched
Onlineshares Quote Line
0845 108 0505
Regular income investment fund launched
Tue, 20 Jan 2009
Recommended links
Online shares and investments portalInvestments enquiry form
Medium risk investment guides
High risk investment guides
Investment bonds
Investment trusts
Equity income funds still good investments, expert claims
Prudential launches two new investment funds
| Stocks & Shares news |
|---|
| Survey: Majority of investors favour aggressive strategy - Thu, 09 Sep 2010 |
| Investors urged to consider high yield debt and high dividend equities - Tue, 07 Sep 2010 |
| Britons told to consider making pensions investment - Thu, 02 Sep 2010 |
| More News |
