Invesco Perpetual is set to roll out the Global Income Trust, which will invest in a portfolio of high yielding stocks globally, What Investment reports. The closed-end fund will be run by Paul Boyne and Doug McGraw aim to raise £100 million. The investment trust will seek to grow the dividend by 6-12% per year, with the first dividend payment expected for August. The fund will have a performance fee of 10% of the increase in net asset value per share in excess of the MSCI World index total return.
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