Slater Investments to launch mid-cap focused income fund

Slater Investments is to launch an income fund focusing on the UK's mid- and small-cap sectors for co-founder Mark Slater.

The MFM Slater Income fund is launching next week, and will have a bias towards companies in the FTSE 250 and FTSE 350. The portfolio will comprise 50-70 holdings, of which 27% will be in the FTSE 250, 22% in the FTSE 350, 14% in AIM, and 34% in FTSE 100 names. The portfolio, to be run by Mark Slater, will have a prospective dividend yield of 5.49%, according to the group. Slater, chief investment officer at the firm, said he expects equities will benefit from inflation remaining at 4%-5% as the Bank of England struggles to return to its 2% target, while, in contrast, bond yields w...