Miton unveils Balanced Multi Asset fund

Fourth fund in the range

Miton is expanding its multi-asset range with the launch of the Miton Balanced Multi Asset fund aimed at younger investors who are building capital.

Run by David Jane, Anthony Rayner and Henna Hemnani (pictured), the fund will sit alongside its existing Cautious and Defensive Multi Asset and Cautious Monthly Income funds and is set to launch on 29 January. The Balanced fund will invest in a basket of securities and is unconstrained. At launch it is expected to have around 70% allocated to equities, 20% to bonds and 10% in cash with the the bulk of the equity exposure in Japan, Europe and Asia. While the exisiting Cautious and Defensive funds are aimed at retirees, the Balanced fund will target younger investors. The new fund is mo...