Kleinwort Benson has launched a new fixed income vehicle, What Investment reports. The CF KB Enterprise Fixed Income Fund will seek to deliver an income with the possibility of capital growth and low volatility by investing in bond and government securities. The manager of the fund will be also able to hold equities, collective investment schemes and have the ability to use derivatives. The new fund will be added to the bank’s Enterprise range of open-ended funds, which includes the Enterprise Equity Income fund and the CF KB Capital Growth fund.
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