Aubrey Capital Management has launched a defensive income fund designed to provide investors with a yield of 3.2%, compounding growth and income returns.
The SVS Aubrey Citadel fund is a diversified, tactical and defensive income fund managed by director Jon Grumpel.
It targets a 3.2% yield and will consist of defensive, high-quality, liquid companies that are “able to generate attractive compounding returns” or those priced at attractive valuations.
Industry Veteran Gumpel has been managing investments for over 25 years across conventional and alternative assets. He co-founded Brooks Macdonald in 1991.
The fund will look to invest in equities, bonds and a range of alternative assets to achieve compounding growth and income returns “over the medium-term”.
Grumpel will himself be making a significant investment into the fund, the firm said. It is currently available to retail and institutional investors.
Grumpel said: “Defensive investors face a range of challenges in today’s markets, and we are seeking to provide an attractive defensive and diversified option to help them.
“The fund is focussed both on shorter-term protection of capital as well as on longer-term capital maintenance and income growth, to do this at low cost with a full range of conventional and alternative assets, and with scope for additional alpha and diversification from the Aubrey equity engine. I am very excited about the fund and pleased with the performance of the strategy to date.”
©2022 funds europe
