Heartwood Investment Management has unveiled two new global multi asset income funds to sit alongside its total return range.
The CF Heartwood Income Multi Asset and CF Heartwood Income Plus Multi Asset funds have expected initial yields of 3.5% and 3.9%, respectively.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The two funds will be managed by Heartwood’s investment team in a collective team-based manner which includes Noland Carter, head of Heartwood Investment and Jaisal Pastakia, investment manager of the multi asset income range.
Both the funds will be part of Investment Association’s unclassified sector and will have ongoing charges of 0.75%.
Carter said: "We see this demand based on changing retirement patterns and new pension freedoms, and global multi-asset strategies are well placed to meet this need."
Pastakia said: "Our aim is to smooth the investment journey for clients by delivering a stable income stream whilst protecting downside risk.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"The level of income has been selected to balance the need to provide a meaningful, sustainable income to investors, against the need to protect assets during volatile periods in markets."
The group’s total return funds range, which includes Defensive, Cautious, Balanced and Growth funds, will continue to operate as normal along with the new offerings.
