Union Investment launches new multi-asset fund
Union Investment has launched UniAusschüttung, a multi-asset fund aimed at offering retail investors predictable quarterly payouts in the form of dividends and interest.
The fund will invest among others in global equities, global bonds, currencies and money market instruments.
It is aimed at retail investors and available for distribution in Germany, Austria and Luxembourg.
“UniAusschüttung offers investors an opportunity to profit from investing in businesses with a sustainable dividend policy as well as attractive interest levels, for example for emerging market sovereign bonds” explains Michael Nipp, portfolio manager at the Union Investment Multi-Asset team.