New Investment Opportunity: Merill High Income Fund EUR C Distributor Share Class
27th September 2021 – Merill SICAV plc has launched a new EUR Distributor Share Class of its Merill High Income Fund, which is set up in a way to maximise further the income payable to investors. This new share class addresses the needs of a segment of investors that have income as their primary investment objective.
As a result, Merill SICAV felt the need to extend its product range by launching this new share class, focused on high income distribution, whereby the new share class will pay out an income yield gross of fees.
Merill SICAV plc has surpassed the important milestone of €150 million in assets under management. The fund size of the Merill High Income Fund is Eur62.7 million, as at end August 2021. Jesmond Mizzi Financial Advisors Limited acts as fund and portfolio manager of Merill SICAV plc, which is a multi-fund structure and has currently established four sub-funds, namely Merill Total Return Income Fund, Merill High Income Fund, Merill Global Equity Income Fund, and Merill Strategic Balanced Fund. It is a self-managed UCITS.
“We strongly believe in the importance of diversifying investments and that investments are actively managed on an ongoing basis. Investing in funds is an ideal way of reaching this goal and this is why we are now providing our clients with the opportunity to opt for the most suitable share class of the Merill High Income Fund EUR depending on their income needs,” said Jesmond Mizzi, Managing Director of the fund manager.
“The new Merill High Income Fund EUR C share class aims to provide an estimated yield of circa 4.06%* annually, which is paid out quarterly, and also aims to potentially generate capital growth,” said Dr Mark Azzopardi, Co-Fund Manager.
Besides investing directly in international and local bonds, the Merill High Income Fund invests also in international renowned fund houses, such as Janus Henderson Investors, Legg Mason, Aegon Asset Management, Fidelity, Invesco and Brooks Macdonald International – amongst others.
Existing Merill investors can invest in this new EUR share class with a minimum lump sum investment of Eur5,000. The minimum investment for new clients is of Eur20,000. Online investments can be made with a minimum amount of €2,500.
More information is available in the Fund’s prospectus and offering supplement, available from our offices or from www.merillfunds.com. One can call Freephone 8007 2206 to set-up an appointment with a financial advisor.
*The Fund aims to achieve an annual yield of 4.06%. The Target yield is not based on simulated past performance.. Other share classes of Merill SICAV plc are available. Investments can fall as well as rise and you may not get back the amount originally invested. The target yield is not guaranteed and may fluctuate. This forecast may not be a reliable indicator of future returns. This product may be affected by changes in currency exchange rates. Taxes and upfront fees are not taken into account. An upfront fee is charged at the time of the initial purchase for an investment, and may be deducted from the amount invested, therefore lowering the size of the proceeds from your investment. Nothing in this press release should be construed as advice. This is not a recommendation to sell or purchase any investment. Please read all scheme documents before investing.
Merill SICAV plc is incorporated and licensed as an open-ended Collective Investment Scheme, registered in Malta, qualifying as a Maltese UCITS in terms of the UCITS Directive.Investments should be based upon the details contained in the Prospectus and Key Investor Information Documents (KIID’s), which may be obtained in English language and free of charge from Jesmond Mizzi Financial Advisors Limited (JMFA) of 67, Level 3, South Street Valletta, VLT1105, Malta, licenced to conduct investment services business under the Investment Services Act. JMFA and Merill SICAV plc are regulated by the Malta Financial Services Authority of Mdina Road, Zone 1, Central Business District, B’Kara CBD 1010
