Henderson adds income product to Intrinsic range

Run by Paul Craig, the Strategic Income fund is expected to be launched in early September and will be split equally between equities, bonds and alternatives. The new fund, which will target a 5% annual yield, is the first product in the range to have an income focus, with the existing Cirilium Cautious, Moderate and Dynamic funds each aiming for capital growth at differing risk profiles. “We have seen increasing demand from advisers for income-orientated products and this fund aims to provide this with lower volatility than mainstream multi-manager funds,” Henderson associate directo...