Overview
Description
The TwentyFour Select Monthly Income Fund is a type of investment vehicle known as an open-ended investment company (OEIC) focused on delivering steady income to its investors. Its primary function is to provide a diversified portfolio of mostly fixed-income securities, aiming to achieve a consistent monthly income stream. This fund invests across a broad range of sectors including corporate bonds, government bonds, and other secure, income-generating assets. By diversifying its holdings, the fund attempts to mitigate risks associated with single-sector or asset concentration, offering a balanced approach to income investing.
Notable for its emphasis on monthly payouts, the TwentyFour Select Monthly Income Fund appeals to investors who prioritize regular income, such as retirees and income-focused portfolios. Its management strategy typically involves active portfolio optimization to capture opportunities across different economic environments, making it a significant player for investors looking for regular cash flows from a well-managed mix of income-generating assets. This fund plays a crucial role in the fixed-income market, providing a reliable option for investors seeking less volatility and stable, predictable returns.
About
Address
8th Floor, The Monument Building
11 Monument Street
London, EC3R 8AF
11 Monument Street
London, EC3R 8AF
Phone
44 207 015 8905
Website
Instrument type
Closed-end fund
Country
United Kingdom
MIC code
XLON