Jupiter Unit Trust Managers will rebrand the Jupiter Multi-Asset Income fund to Jupiter Merlin Monthly Income Select, effective from 13 October 2023.
The change follows the transfer of the management of the fund's portfolio to the Jupiter Merlin multi-asset team in November 2022. This will reflect the alignment with other funds managed by the Merlin team, Jupiter said in an investor letter today (11 August), seen by Investment Week. Jupiter launches Merlin Select multi-manager range The strategy's investment policy will also be altered, as the Merlin range has greater exposure to collective investment schemes and ETFs than the previous manager. Additionally, the Merlin Select range also has a higher exposure (of at least 25%) to fu...
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