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UK-based retail investors will be able to invest in the SF Fundamentals fund through Isas and Sipps, as well as 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.

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

"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."

Mr 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 consisted 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 with strong cash flows.

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

"Income seekers should increase their exposure to corporate bonds in the current climate," Mr Drabwell added.

"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 Mr Drabwell, fellow chief executive Christopher Boxall and Mark Dichlian.

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