The diversified income fund seeks to produce an attractive level of income, with the potential for capital growth over the long-term. It aims to achieve this through a high level of diversification to generate the income and spread risk by investing in a broad range of equity, fixed interest and alternative investment funds.
The balanced managed fund focuses on growth and maxmising returns for investors who are prepared to accept a greater level of risk than the diversified fund. It is invested in equity and fixed interest funds aimed at delivering long-term capital growth.
For investors seeking growth over the long-term predominantly from investment in company shares, and the associated risk with investing in the stock market including some exposure to overseas assets, then the LV= stockmarket fund would be more appropriate.
Both the balanced managed and stockmarket multi manager funds have been awarded A ratings by Standards & Poors.
In addition to the three main multi manager funds investors can select from the full range of LV= Asset Management funds for their Isa, which includes equity and fixed interest funds.