We’re thrilled to share some fantastic news with our investors, as the VT Chelsea Managed Monthly Income fund is paying out its biggest ever distribution this month.
Please remember that the value of investments will fluctuate and returns may be less than the amount originally invested. Tax treatment depends on your individual circumstances and tax rules can change. Chelsea does not offer advice and so if you are unsure of anything please contact an expert adviser.
Bumper payment for our investors
- The special distribution will be almost 5.2 times the usual monthly amount.
- This is the highest distribution in the fund’s proud history.
Strong and resilient track record
Our aim was to provide investors with a reliable, growing stream of income and capital growth and we’re proud to have delivered. Since launch in June 2017:
- The fund has paid out an incredible 41.07p of income for every £1 invested.
- This year marks the seventh year in a row that the special distribution has been paid.
The fund has been able to achieve this during the Covid pandemic, the volatility in markets following the Budget in 2022 and the high inflation and interest rates that have plagued markets. Through it all, the VT Chelsea Managed Monthly Income fund has remained steadfast and continued to pay out rising levels of income while also growing capital.
Darius McDermott, one of the investment advisers to the fund, commented: “We’re incredibly proud that, as well as delivering a consistently attractive income for investors, the fund has also been successful in generating excellent performance. Since launch, the total return has been 63.17% compared with 30.20% for the average fund* in the IA Mixed Investments 20-60% Shares sector.”
Sam Holder, operations director at Chelsea Financial Services, added: “We’re pleased to reward our investors once again and are grateful for their continued support. We hope they enjoy this year’s bumper payment.”
Clients who held the fund as of the end of June will receive the special distribution in mid-September.
About the fund
The VT Chelsea Managed Monthly Income fund aims to pay roughly the same amount of income each month** so that you can budget with confidence. The fund targets an above-market income that is sustainable and consistent, as well as some capital growth, over the long term***.
Please note that past performance is not a reliable guide to future returns.
