Zurich partners with T. Rowe Price for monthly income fund launch

Investing in global corporate bonds

Laura Dew
clock • 1 min read

Zurich has launched a monthly income fund to be managed by T. Rowe Price, targeting investors approaching retirement.

The Zurich Horizon Monthly Income Plus fund will sit alongside Zurich's multi-asset Horizon range and will target a monthly income by investing in a range of global corporate bonds. Horizon is Zurich's range of five risk-rated funds which was launched in March 2015.  Aimed at those in or approaching retirement, the new fund will focus on capital preservation with potential for growth. It will target a yield of 4% net of charges, and have an ongoing charge of 0.7%. The fund is available from 24 October and will sit in the IA £ Strategic Corporate Bond sector. T. Rowe Price plans ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Join us today to discuss why 2024 is an attractive entry point for fixed income

Join us today to discuss why 2024 is an attractive entry point for fixed income

Sarka Halas
clock 25 March 2024 • 1 min read
Partner Insight: Moving from cash to corporate bonds ahead of cutting-cycles

Partner Insight: Moving from cash to corporate bonds ahead of cutting-cycles

Fidelity International

Ben Deane, Investment Director, Fixed Income - Fidelity International
clock 19 March 2024 • 13 min read
JP Morgan AM to wind up Sterling Bond fund as assets dwindle

JP Morgan AM to wind up Sterling Bond fund as assets dwindle

Fund size of £29m

clock 18 March 2024 • 1 min read
Trustpilot