New listed income fund

Harewood Solutions has launched a listed income fund offering a yield up to 8% of the Net Asset Value (NAV) each year.

The Enhanced Income fund was quoted on the London Stock Exchange last week.

Yield is generated by dividends received on the DJ EuroStoxx 50 index and a strategy used by BNP Paribas, Harewood’s parent group, which sells short-term call options.