IMS offer on Select Income until December

Investment Manager Selection (IMS) is launching a select income fund and is waiving the 5% initial f...

Investment Manager Selection (IMS) is launching a select income fund and is waiving the 5% initial fee until 10 December. An Oeic in the Cautious Managed sector, IMS Select Income, to be run by Giles Gilbertson, Paul Kim and Richard Timberlake, will have an estimated yield of 3.46%. Kim said the fund had been launched in response to strong demand for existing clientele in IMS's other portfolios, the Select and Global Select funds. "Our supporters have long been asking for a fund that provides a yield and we have aimed to satisfy that demand," he added. The minimum investment on the ...