16th April 2019

Distribution share class of the Levendi Fund offers tax efficient regular income

The Distribution share class of the Levendi Thornbridge Defined Return Fund (the Fund) has been designed for investors that want to receive a regular payment from their investment. The Distribution share class offers a quarterly payment of 1.25% (5% per annum) that is funded through the regular redemption of units. There are some advantages from generating a regular payment through a regular redemption of units, but investors need to understand how this process works and the implications for the value of their investment.


Read our piece on the share class here.