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Diversified Income Fund Moves to Monthly Distributions

Diversified Income Fund Moves to Monthly Distributions

Seneca Investment Managers, the multi-asset, value investment house, has announced that in response to investor demand, its VT Seneca Diversified Income Fund has moved to monthly income distributions.

The VT Seneca Diversified Income Fund is a multi-asset, diversified income fund suitable for long term and retirement-phase investors. It aims to provide a consistently high dividend yield and potential for capital growth.

The Fund, which was launched in 2002, is managed by Alan Borrows and Richard Parfect with a value-oriented approach. Diversification is achieved through a portfolio of direct holdings and third party specialist managers and products, across equities, bonds and specialist investments.

The Fund’s investment strategy has proven to be successful.  An investment of £100,000 in the funds in January 2010 would have brought a net income in excess of £5,000 per annum in each calendar year from 2010 to 2014.

David Thomas, CEO* of Seneca Investment Managers, commented:

“In today’s low interest environment, investors are seeking sustainable income based on a strong foundation of diversified assets. We are confident that moving to monthly income will be positive for our investors, without requiring any change to our proven investment strategy.

*subject to FCA approval

Important information

Past performance is not a guide to future returns. The value of investments and any income may fluctuate and investors may not get back the full amount invested. This fund may experience high volatility due to the composition of the portfolio or the portfolio management techniques used. The views expressed are those of the fund manager at the time of writing and are subject to change without notice. They are not necessarily the views of Seneca Investment Managers and do not constitute investment advice. Whilst Seneca Investment Managers has used all reasonable efforts to ensure the accuracy of the information contained in this communication, we cannot guarantee the reliability, completeness or accuracy of the content. This document is provided for the purpose of information only and if you are unsure of the suitability of this investment you should take independent advice. Before investing you should read the key investor information document (KIID) as it contains important information regarding the fund, including charges, tax and fund specific risk warnings and will form the basis of any investment.

The prospectus, KIID and application forms are available from Link Fund Solutions, the Authorised Corporate Director of the Fund (0345 608 1497). Seneca Investment Managers Limited, the Investment Manager of the Fund (0151 906 2450) is authorised and regulated by the Financial Conduct Authority and is registered in England No. 4325961 with its registered office at Tenth Floor, Horton House, Exchange Flags, Liverpool, L2 3YL. FP15/58.

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