Hilbert Investment Solutions is today announcing an update to its Defensive Income Portfolio service with the addition of three counterparties Societe Generale, Commerzbank and Natixis.
The Defensive Income Portfolio is a discretionary management service containing 14 structured products and 6 issuing banks, it enables investors to access a diverse range of underlying assets such as the FTSE 100, EUROSTOXX 50 and S&P 500 indices.
The service targets a maximum quarterly return of 2% provided that each of the structured products held within the portfolio meet their required coupon barrier level on any quarterly observation date.
The service spreads risk across the range of counterparties so ensuring that the client should receive a coupon payment even if one structure has not met its required barrier level, so making the service appropriate for those who seek to diversify their risk.
Dasale Mallawa-Arachi Head of UK Distribution said “Societe Generale, Commerzbank and Natixis are all great additions to our Defensive Income Portfolio. The service has paid our clients their 2% income payments every quarter since its inception in 2016 so we continue to see an increasing demand from investors here in the UK”.
Notes to editors
About Hilbert Investment Solutions
The firm was established in 2012 by former Old Mutual head of structured products Steve Lamarque to specialise in cross asset, structured solutions covering equities, rates and commodities.
Hilbert specialises in innovative, forward-looking investment solutions, often tailored to individual client needs. The team can design structures to meet a specific performance target, match a particular appetite for risk or satisfy environmental or social responsibility expectations.
Hilbert believes that delivery is just as important as structuring, with ongoing client support including high quality research which enables distributors to explain the rationale behind the tools and ideas and how they fit within investment portfolios.
In 2016, Hilbert joined the UK Structured Products Association and aligned itself to the UKSPA Code and utilises its product risk rating regime.
About Defensive Income Portfolio
The portfolio suggested investment term is up to five years and invests in leading global equity indices.
The minimum credit rating required is BBB- and the minimum investment amount is £10,000.00. Defensive Income Portfolio is administrated by Hilbert Investment Solutions.
The investor will receive a target income payment of 2% on each quarterly payment date. Coupons distributed by notes held within the managed portfolio will be retained and will either be distributed in line with the income objective, or reinvested. The coupon payment dates are the 15th of Every January, April, July and October.
The managed portfolio is designed to be held for a five-year rolling period. While the investment manager does offer daily opportunities for the investor to sell back the portfolio where required, if the investor decides to sell their investment, the return received will be dependent on the current market value of the managed portfolio’s investments and may therefore be less than the original investment.
The portfolio will be evaluated daily and is available as a direct investment, ISA or SIPP, Hilbert will receive a management fee of up to 1% per annum to cover the investment management and administration associated with the managed portfolio.
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Issued by
Sam Shelton, Senior PR Manager Fortuna Asset Management Communications Ltd. Tel: (+44) 07540 336998 Email: sam@fortunaamc.co.uk