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Celebrating five years of income consistency
WS Canlife Diversified Monthly Income Fund
The WS Canlife Diversified Monthly Income Fund is celebrating five years in the marketplace.
With the ability to respond to an ever-changing environment, the fund has achieved its aim of producing an annual yield of 4%+, delivered via a consistent monthly income, with a total return of the fund of 29.01% compared with 14.18% of the sector*. Unlike many traditional income funds, it pays out a steady income each month, allowing investors to budget with greater certainty.
How do we achieve this?
Providing a consistent monthly income stands at the heart of our approach. We deliver this by setting a targeted monthly income payment per unit, in order to maintain a stable pound value for these dividends even as the capital value moves up and down. This payment is then reviewed annually.
We then combine the monthly dividends with quarterly and annual enhancements to reach the 4%+. This process helps give confidence to the end investor that they will receive a specific monetary amount.
Income, whatever the weather
Our WS Canlife Diversified Monthly Income Fund is an award-winning multi asset fund.
Underpinning this performance is our distinctive investment philosophy, which has, to date, allowed the fund to provide income ‘whatever the weather’ and the potential for long-term capital growth. To achieve this balance, we apply a nuanced investment approach rather than pursuing income at any expense. Unlike peers, we aren’t wedded to a particular approach such as focusing on high-yield, or stock style, such as value equities. This helps us to avoid becoming concentrated in particular regions or sectors.
Instead, we invest in a diversified portfolio of income-generating assets, including global company shares, international government and corporate bonds, as well as REITs and infrastructure investment trusts. This has allowed the WS Canlife Diversified Monthly Income Fund to achieve stable income without taking excessive levels of risk.
The WS Canlife Diversified Monthly Income Fund in action
Our article explores:
- Different considerations when it comes to investing in either cash or natural income and how to assess these
- Specific biases that could be influencing investors’ behaviour in this respect, and how they work
- How the WS Canlife Diversified Monthly Income Fund is positioned for the current environment
Portfolio spotlight
Read the insights from the funds:
Fixed income: UBS
In March of 2023, UBS announced the acquisition of Credit Suisse. Find out more about their track record.
Equities: GlaxoSmithKline
Pharmaceuticals company GlaxoSmithKline (GSK) is a name we have held in the portfolio since inception. It is one of a small number of companies held that has been able to deliver both strong capital gains and a stable dividend stream.
Convertible: Apollo
Apollo Global Management is another example of a holding that has generated a robust income and capital return for the fund.
Why choose us?
Consistent monthly income
The WS Canlife Diversified Monthly Income Fund has achieved its aim of producing an annual yield of 4%+, delivered via a consistent monthly income with a total return of the fund of 29.01%*.
Strength and stability
At Canada Life Asset Management, we manage more than £39.6bn** in fixed income, equities, UK property and multi-asset solutions.
Award winning
We won the Best High Income Fund award from Professional Adviser and achieved a five-star expert rating from Defaqto.
Get in touch
Contact our team for more information.
* Source: Morningstar, bid to bid, with net income reinvested, rebased in sterling, five years to 28/06/2024. The sector is the IA Mixed Investment 20-60% shares.
Data Source - © 2024 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
** As at 31/03/24
Important information
Past performance is not a guide to future performance. The value of investments may fall as well as rise and investors may not get back the amount invested. Income from investments may fluctuate. Currency fluctuations can also affect performance. The information contained in this document is provided for use by investment professionals and is not for onward distribution to, or to be relied upon by retail investors.
This document is issued for information only by Canada Life Asset Management. This document does not constitute a direct offer to anyone, or a solicitation by anyone, to subscribe for shares or buy units in fund(s). Subscription for shares and buying units in the fund(s) must only be made on the basis of the latest Prospectus and the Key Investor Information Document (KIID) available at https://www.canadalifeassetmanagement.co.uk/
The fund may invest in property funds that may be illiquid and subject to wide price spreads, both of which can impact the value of the fund. The value of the property is based on the opinion of a valuer and is therefore subjective.