Insynergy launches EM equity income fund

Insynergy is to add an emerging markets equity income fund to its product range, aiming to offer exposure to a range of alternative dividend payers.

The Insynergy New World Equity Income fund, run by a team at Kleinwort Benson Investors (KBI) headed by portfolio manager Gareth Maher, will hold around 100 stocks and aim to achieve a yield of 4.5%. The fund, scheduled for launch in June, can invest in emerging Asia, Latin America, emerging Europe and the Africa/Middle East region. Spike Hughes, CEO at Insynergy, says the fund’s scope means it should be able to provide a more sustainable yield than country specific alternatives. “Around 61% of Australian company's profits are already paid out to shareholders in the form of dividen...