Square Mile Investment Consulting & Research confirms the addition of two new funds to its recommended list: the Kames Diversified Income and Kames Diversified Growth have both been awarded Positive Prospect ratings.
Square Mile's recommended funds, which sit within the Academy of Funds, carry a rating - A, AA, AAA, R or P+ - as reflection of the level of conviction Square Mile's team of analysts has in a fund's ability to deliver on expectations. Square Mile's independent, qualitative research is designed to offer advisers a solid foundation for client investment propositions and recommendations.
Commenting on the Kames Diversified Growth fund, Amaya Assan, Senior Investment Research Analyst at Square Mile, said:
"We have decided to add the Kames Diversified Growth fund to Square Mile's Academy of Funds. The managers aim to provide investors with positive returns ahead of inflation over the medium term. We think that the fund, with its clear objectives and the focus on growth, is an attractive proposition in the multi-asset space. The Multi-Asset team follows a structured investment process for all client portfolios. Team members work closely together and have dual research and fund management responsibilities. This ensures that everyone contributes to the research and decision-making processes.
The investment process harnesses in an efficient manner the investment capability and expertise from the specialist equity, fixed income and other desks. Overall, the fund has a well-constructed process, a capable investment team and supportive resources from the wider investment group. We have thus awarded a Positive Prospect rating whilst we build greater conviction in the fund."
"We are pleased to introduce the Kames Diversified Income fund to Square Mile's Academy of Funds. The fund targets an annual income of 5% payable on a monthly basis and over the medium term, it aims to provide a total return of 7%-8% p.a. after fees. It has a well-constructed investment process, a capable investment team and supportive resources from the wider investment group. We like its clear outcomes based goals and the resources and processes that Kames have laid behind this product. All this helps underpin our conviction in the strategy and we have thus awarded a Positive Prospect rating whilst we build greater conviction in the fund."
Currently rated by 0 people