Rathbones launches income and growth fund for charities

Complements Active Income and Growth fund

Rathbones has launched a fund for charities to be managed by investment director and head of charities, Andrew Pitt.

The Rathbone Core Investment Fund for Charities will offer a multi-asset investment strategy to complement the existing £114m Rathbone Active Income and Growth fund, managed by James Codrington. The fund has been specifically structured for charities with the aim of delivering long-term capital growth and income while employing a total return approach. Where are the best new sustainable or ethical investment opportunities? It will invest in a range of asset classes and will avoid investing directily in companies manufacturing tobacco or tobacco products, and companies that derive m...