Fixed IncomeJul 30 2015

Thomas Miller launches two bond funds

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Thomas Miller launches two bond funds

Thomas Miller Investments has launched a Sterling Bond fund and a US Dollar Bond fund for James Penn and Rob Brockbanks.

The funds will pay a semi-annual income distribution and are designed to maximise total return while focusing on income generation and a long term preservation of capital.

The launch is part of the group’s plans to grow its Collective Investment Funds business.

Carolyn Gelling, director and head of Collective Investment Funds, said: “The underlying portfolio’s have a bias towards high quality corporate issuers, but also have the flexibility to use sovereign paper and other fixed income instruments within their stock selection.”

The two funds are Dublin-domiciled UCITS and are registered for sale in the UK.