The Heartwood Defensive Multi-Asset Fund (MAF) is the sixth fund to be launched in the Multi-Asset Fund range since 2009, the others being Balanced, Balanced Income, Cautious, Cautious Income and Growth funds.
It will be run by investment director Martin Perry, who joined Heartwood in 2000 and is responsible for tactical asset allocation and managing client portfolios. He will run the Defensive MAF aiming to preserve the capital value of a portfolio predominantly through holding lower-risk assets, such as government bonds, though he does have the freedom to invest in other asset classes.
It, like the other funds in the range, has a non-Ucits structure.
Noland Carter, Heartwood’s chief investment officer, said: “We now have a comprehensive set of funds to complement our existing offering on a segregated basis, making our expertise available to a wider range of investor.”
