Schroders soft launches Alpha Income

Vehicle seeks capital growth as well as income under Ed Meier and Vincent Vinatier

Schroders has added a further UK income vehicle to its range with the soft launch of UK Alpha Income. This portfolio differs from the Income fund and Maximiser products as it targets capital growth as well as income. It is run by UK Select Growth managers Ed Meier and Vincent Vinatier. The concentrated portfolio consists of around 45 high-yielding stocks where total returns are expected to be higher than the FTSE All-Share. Managers can also use Ucits III powers and higher cash weightings to achieve the income objective. Meier said: "The advantage of this approach is that we are n...