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Global income for Equilibrium

Equilibrium Asset Management is adding a global equity income portfolio.

The portfolio will contain global equity income and regional specific equity income funds and will aim for a yield of 4 per cent. The firm uses equity income funds in its other model portfolios but does not have a specific income offering.

The portfolio will be positioned with 40 per cent in UK large companies income funds, 46 per cent in developed global market income funds, including North America, core Europe and Japan, and 14 per cent in emerging global market income funds, including Asia, South America and Eastern Europe.

Allocation between the different buckets will change based on where the team sees value.

Minimum investment is £50,000. Annual charge is 0.73 per cent and total expense ratio is around 0.91 per cent.

Investment manager Mike Deverell says: “There has been expansion in the equity income market in terms of new income funds globally, which means you can build a well diversified global equity income fund.”



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