group adds two income generating funds of funds which investors can adjust for risk
Skandia Investment Management is adding two income generating funds of funds to its Actively Managed range this month, allowing advisers to alter it according to client needs. As with the other vehicles in Skandia IM's range, the underlying holdings are a combination of retail portfolios and segregated mandates. Investors can choose to either invest in the Equity Income portfolio or the Bond Income fund or they can choose a combination of the two portfolios. This combination does not have to be a straight 50-50 split but can be blended in any proportion based on the client's income, growt...
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