The change, which has been in response to investor demand and takes place on 5 November, also means the fund’s name will be become Premier Multi-Asset Monthly Income.
David Hambidge, director of multi-asset funds at Premier, said: “The fund has made strong gains this year and we are optimistic about our continued ability to deliver the attractive high and monthly income that our clients want.”
The Premier Multi-Asset High Income Fund is a top decile performer in the IMA Mixed Investment 20%-60% Shares sector over the year-to-date, one year, three years and since launch in January 2009.