This new fund complements the existing range of funds available through the company’s tailored selection range of investment funds on both individual pension and life products.
The fund aims to achieve a reasonable and rising income together with long term capital growth; has a large-cap bias at launch; investing in UK companies; uses a thematic approach with economic and market analysis; employs stockpicking skills with a wide range of internal and external inputs; managed by Bill Mott and a team of experienced portfolio managers
The fund has an annual management charge of 1.20 per cent and fund expenses of 0.20 per cent
Winterthur Life head of investment distribution Bernard Henshall says: “In addition to their excellent investment track record, we already have a good relationship with the PSigma team, making it a natural move for us to offer the Winterthur PSigma Income Fund. We are delighted to be one of the first Life offices offering this fund and from the interest already generated, we are confident it will be well received.”
PSigma investment director Bill Mott says: “We look forward to working with Winterthur and believe our investment knowledge combined with their pensions expertise enables us to provide an excellent investment offering to advisers. The addition of this fund to the Winterthur Tailored Selection range provides further manager diversification within the UK Equity Income Sector.”