Jupiter unveils launch portfolio for Enhanced Distribution fund

Managed by Gunn and Petheram

Jupiter has launched its Enhanced Distribution fund with 55% in fixed income and 45% in equities.

The fund is managed by Alastair Gunn (left) on the equity side and Rhys Petheram (right) running the fixed income portion and sits between the pair's £567m Distribution and £538m High Income funds. There is significant overlap between holdings across the income range, with the same investment process used for all three funds. However, the new Enhanced Distribution fund has a higher starting income and greater exposure to equities than the Distribution fund for example. The new fund will sit in the IA Mixed Investment 20%-60% sector and has an estimated yield of 4%. Income will be p...