77. Investing in Purplebricks and gold miners

Mark Wright, co-manager of the VT Seneca Diversified Income fund, tells us about two new holdings the team scooped up in the recent market sell-off: Diversified Oil & Gas and Purplebricks. He also talks about some specialist property investments, which are producing more reliable income, and the increased exposure to gold and gold mining companies in the portfolio.
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VT Seneca Diversified Income is a well-diversified, global, multi-asset income-focused fund, with a common-sense investment process. The managers have a value-focused style and will invest across all asset classes including UK and overseas equities, fixed income, property and specialist investments held through third-party funds. The fund distributes a monthly income and should appeal to income-seeking investors with a balanced risk profile.

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