The same low risk but now 5%+* Yield
Investors who save hard deserve more reward for their effort
Cash deposits or UK gilts do not provide much income
PanDEFENSIVE offers a combination of low risk and 5%+ income
UK savers have had a raw deal over recent months. Deposit rates are low and the income on some defensive funds is equally disappointing. The PanDEFENSIVE Fund now produces an income of over 5% without using low grade, high yield bonds or raising the risk level. We have even changed the balance between bonds and shares in PanDEFENSIVE to a more cautious 95/5 in favour of bonds, primarily a mix of high grade corporate bonds and emerging market sovereign bonds.
The Fund’s C (Income) shares have an annual management fee of 0.4% and pay a dividend every six months. The gross yield before tax is expected to be at least 5% after management fees and other costs. There is normally a minimum investment of £50,000 in the B shares, but this is waived for investments made via an IFA.
For full details of PanDEFENSIVE see the fund’s Launch Factsheet.
We think it’s time your portfolio got more return without taking more risk.
So treat it to a holding in PanDEFENSIVE.
*Gross yield is 5.7% at time of press which equates to 5.1% after deduction of investment management and fund administration costs. Dividends are distributed semi-annually at the end of May and November.
