Schroders To Set Up Income Maximizer FoF

Schroders is seeking to unveil a fund of funds based on its onshore Income Maximizer range and a selection of fixed-income products.

Schroders is seeking to unveil a fund of funds based on its onshore Income Maximizer range and a selection of fixed-income products, Citywire reports. Head of the firm’s structured fund management Thomas See will manage the funds of funds.

Along with paying out a monthly income distribution, the new offering will aim at a volatility level similar to the average of the cautious managed sector. The onshore Maximiser series consists of the income maximizer, Asian income maximizer and global property income maximizer funds.

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