In recent years Seneca Global Income & Growth has delivered returns ahead of the average of its peer group and ahead of comparable indices and with markedly lower volatility than both. The dividend, which is paid quarterly, is climbing steadily as is the fund’s revenue reserve. The manager’s multi-asset value investing approach is delivering on all of the fund’s objectives. A fund that can grow its income and capital without experiencing the volatility associated with a pure equity fund may be attractive for many investors. This could be one reason why the discount has narrowed in recent months. The Board has said they would like to see the trust expand.
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Low volatility and growing income
- Published:
03 Nov 2015 -
Author:
Ed Marten -
Pages:
13
In recent years Seneca Global Income & Growth has delivered returns ahead of the average of its peer group and ahead of comparable indices and with markedly lower volatility than both. The dividend, which is paid quarterly, is climbing steadily as is the fund’s revenue reserve. The manager’s multi-asset value investing approach is delivering on all of the fund’s objectives. A fund that can grow its income and capital without experiencing the volatility associated with a pure equity fund may be attractive for many investors. This could be one reason why the discount has narrowed in recent months. The Board has said they would like to see the trust expand.