74. Replenishing lost dividend income via car parks, bonds and infrastructure
Matthew Stanesby, co-manager of Close Managed Income, talks about dividend cuts being mainly concentrated in the UK and Europe and how holdings like JPM US Equity Income fund are therefore more secure. He tells us how the fund has increased its investment grade allocation via the Artemis Corporate Bond fund and why a specialist property trust that invest in car parks offer an alternative source of income.
Close Managed Income is a multi-manager fund aiming to provide capital growth and income by investing in actively-managed funds, investment trusts and exchange traded funds. It sits on the conservative side of the risk spectrum, with preservation of capital a strong focus, alongside income generation. With the ability to diversify across numerous asset classes and geographies it could be considered a strong income solution for investors.
Read more about Close Managed Income fund
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