Gravis to launch Clean Energy Income fund next month

Expected yield of 4.5%

Gravis Advisory, the specialist investment firm, will launch the VT Gravis Clean Energy Income fund on 1 December.

The fund will largely hold closed-ended investment companies and global, listed companies that own operational clean energy assets. They will also be chosen on the basis of delivering attractive, dependable cash flows to support dividend distributions to investors. Gravis said it expects the fund to deliver an attractive and regular income stream with a yield of 4.5% per annum from launch, paid quarterly and net of charges. It will own satellite positions in the equity (and potentially debt) of companies whose primary operational activities are directly linked to the clean energy t...