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UK-based retail investors will be able to invest in the SF Fundamentals fund - which are also available through Isas and Sipps - and will be accessible through a number of platforms.

Stephen Drabwell, joint chief executive at Fundamental, said the Oeic aimed to address the recent wave of interest in the asset class and the firm's experience in the sector.

He said: "The bull run of equity markets and relatively higher interest rates in previous years meant that corporate bonds were largely overlooked by investors and returns modest.

"With equity markets in disarray and interest rates at historic lows, and set to remain low for the next few years, corporate bonds are highly attractive for income seekers."

Drabwell said a number of factors had contributed to make the asset class attractive to investors in the current environment, including low base rates.

He said the portfolio consists of shares and corporate bonds of predominantly large, blue-chip multinational companies.

The fund aims to achieve a reasonable level of income together with capital growth, by investing in mainly UK-listed companies that demonstrate strong cash flows.

The company said it's highest weighting will be in UK large-cap companies with market caps of more than £1.5bn at the time of investment.

Drabwell added: "We are of the view that income seekers should increase their exposure to corporate bonds in the current climate.

"The debt issues of high quality, cash generative companies are currently trading at compelling levels with yields to maturity of many in excess of 5 per cent."

The fund will be managed by Drabwell, fellow chief executive Christopher Boxall and Mark Dichlian.

Minimum investment in the fund, which is administered by Share Funds, is £1,000.