Square Mile Investment Consulting & Research has upgraded the Kames Diversified Monthly Income fund from a Positive Prospect rating to an A rating.

This fund, whilst relying on some of the specialist investment teams within Kames, is also heavily reliant on the Multi-Asset team and their asset allocation capabilities. Since introducing the fund into the Academy, our conviction in the team and in the lead manager, Vincent McEntegart, has strengthened as we have observed the robust process being consistently applied.

Although it is still a relatively new fund (having been launched in February 2014), we believe the fund has the capability of meeting its objectives over the longer term and the results thus far have been encouraging.