An investment aiming to provide a high monthly income
To build a portfolio which generates a high and sustainable monthly income is no easy task. With this fund we aim to do the hard work on your behalf.
Richard Troue and Tom Wells, Fund Managers
This fund aims to provide a sustainable monthly income today - with the potential for future income growth - by investing in global equities and bonds. It’s designed for investors who want to leave the asset allocation and manager selection to experts. It could be a good core holding or be used to diversify an income-focused portfolio.
The majority of your money will be invested in shares. You’ll also get mix of bonds to reduce risk.
Overall, the fund is a medium-risk option. As with most investments, you should plan to hold it for at least five years. If you're unsure whether investing is right for you, find out whether you should save or invest.
You’ll get a mix of:
- Shares in large UK companies that have paid consistent, generous dividends (not a guide to future income).
- Shares in smaller UK companies with the potential for dividend growth. This increases risk.
- Low-yield government bonds and higher-yielding, higher-risk, corporate bonds.
Important - The value of this fund and the income from it can still fall, so you could get back less than you invested, especially over the short term. If you are unsure of the suitability of any investment for your circumstances please contact us for advice. Tax rules can change and benefits depend on individual circumstances.
Yearly charge based on an example £1,000 investment:
HL platform fee
HL platform fee
The ongoing charge is taken directly from the fund. This covers the management of the fund and all expenses other than transactional fees which are charged on top of this, these costs are incurred by all funds when shares are bought or sold and are reflected in the fund’s price.
The HL platform fee is our charge for looking after your investments which won't be over 0.45% per year. Both of these charges will be payable if you want to hold the fund with HL, amounting to a maximum of just 1.63% in total per year. The above example assumes no growth.
This fund is managed by Hargreaves Lansdown Fund Managers Ltd, part of the Hargreaves Lansdown Group. If you invest, HL will receive the fund's management charge, as well as the platform fee.