Fund Overview
Building on the success of the Liquidity Fund series, Thomas Miller Investment is pleased to announce a further addition to its product range with the recently launched TMI Income Fund.
Available in Sterling and US Dollar denominated share classes, the investment objective of the Fund is to provide a return in excess of long term cash deposits, whilst aiming to preserve the long term value of investors capital.
The Funds overriding investment philosophy promotes pro-active asset allocation, combining and complementing assets with different return and volatility profiles, in order to generate higher returns from within a controlled risk environment.
The primary asset allocation will be to Cash, Government Bonds and Corporate Debt - varied depending on market conditions. The fund is expected to have low volatility when compared to equity markets.
The Fund is incorporated in the Isle of Man and currently has two sub-funds:
- TMI Sterling Income Sub-Fund
- TMI Dollar Income Sub-Fund
LATEST NEWS
1st February 2012
- Eurozone PMI Manufacturing for January 48.8 – higher than expected
- UK Nationwide House Prices -0.2% m/m 0.6% y/y – higher than expected
- Greek Bondholders said to get GDP Sweetener in Debt Swap Agreement.
30th January 2012
- US banks fear that any recovery in the US housing market will be further delayed as a result of moves to remove credit ratings from American regulations, which will boost banks’ capital requirements by billions of dollars
- Eurozone Consumer Confidence -20.7 – lower than expected
- Euro-Region Debt Sales Top $29B This Week.
26th January 2012
- Yesterday stocks erased overnight losses and then some after a more dovish than expected Fed signaled rates would likely remain low at least through late 2014
- US House Price Index for November 1.0% m/m – higher than expected.
- Germany Backs ECB in Rejecting Lagarde’s Call to Take Losses on Greek Debt
*Gross Dividend Target