Kames launches global diversified income fund for McEntegart

To sit alongside UK-domiciled version

Kames Capital is launching a global diversified income fund for fund manager Vincent McEntegart to complement the existing Kames Diversified Income product.

The Kames Global Diversified Income fund, which is domiciled in Dublin, will aim to generate a monthly income of 5% per annum as well as capital growth, with a target total return of 7%-8% after fees over the medium term of three to five years. The fund will be managed by McEntegart (pictured), who also runs the UK-domiciled version of the fund, Kames Diversified Income. The vehicle will combine top-down macroeconomic views with bottom-up stock selection to create a fully diversified, low correlation, outcome focused portfolio of 200-300 holdings. Its investment universe will inclu...