Eden Financial has rolled out a U.K. all-cap fund, FundWeb reports. Newly appointed Leigh Himsworth will manage the CF Eden U.K. Select Opportunities fund, which will target a yield of 2.66 percent and hold 40 to 60 stocks.
The new vehicle will have around a third exposure to FTSE 100 companies, a third to FTSE mid 250 and a third to small caps with a small amount in cash. The least investment is £1,000 and has an initial charge of 5 percent and annual management charge of 1.5 percent for retail customers.
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