Insight converts funds to absolute return vehicles

Insight Investment is planning to convert two funds into absolute return vehicles for its Diversifie...

Insight Investment is planning to convert two funds into absolute return vehicles for its Diversified Target Return range. The Wealthbuilder High Income fund will become the Diversified High Income portfolio, which will aim for a high level of income each month along with potential capital growth. It will sit in the Cautious Managed sector. Meanwhile, the Wealthbuilder Growth fund will become the Diversified Dynamic Return fund, aiming to produce capital growth by investing across a variety of asset classes and placed in the Active Managed sector. Both are expected to be available fro...