The firm said it will look to produce a net annual yield of 4.5% through exposure to a globally diversified portfolio of liquid assets.
It will invest across all major markets and sectors, with the aim to balance total return and income generation. Fulcrum said its yield will principally be derived from investments in equities, bonds, credit, real estate investment trusts (Reits) and option premia.
The UK-domiciled Ucits fund will be run the firm’s 27-strong research and investment team of macroeconomic and asset class specialists, including chief executive officer Andrew Stevens and chief investment officer Suhail Shaikh.
Matthew Wright, director of sales and marketing at Fulcrum, said: “Demand for alternative income continues apace as the growing population of retirees and those nearly there means an increased need for decumulation strategies. The fund’s monthly income option is also appealing.
“The Fulcrum Income fund harnesses and pulls together Fulcrum’s expertise in macro investments and its rigorous risk management processes but with a focus on a compelling level of yield. We have particular expertise in both discretionary strategies and option writing, which will be central to securing yield and has always been a core discipline for us.”
The fund’s C share class will charge a management fee of 0.75%. It will have an ongoing charge of 0.85%.
The firm announced the launched last September.
