Strong performance of VT Chelsea Managed Monthly Income recognised

19 April 2024 — We are delighted that our popular VT Chelsea Managed Monthly Income fund has been featured in a recent Trustnet article: 


“The first fund to stand out in the IA Mixed Investment 20-60% Shares was VT Chelsea Managed Monthly Income, with its 3.36 of average alpha. With £57.8m of assets under management, it is a small fund but stands out for its performance, achieving an FE fundinfo Crown rating of five.”

The full article is available here.

Sam Holder, operations director at Chelsea Financial Services, commented: “We have recently increased the yield on the fund to 5.71% and we are are delighted that the performance is not going unnoticed by the industry. We would like to thank our clients for choosing to invest with us, many of who (including my mother) have been with us since the fund launched back in 2017.”

Since launch, the VT Chelsea Managed Monthly Income fund is the second best-performing fund in a peer group of 189, having returned 41.2% compared with 17.1% for the average fund in the IA Mixed Investment 20-60% Shares sector*. The latest factsheet is available here.

Launched nearly seven years ago, the VT Chelsea Managed funds were designed as a one-stop shop for Chelsea’s clients, giving them access to the Chelsea research team’s most up-to-date investment views and fund preferences in a range of managed portfolios, the funds have continued to attract assets and produce good returns for investors.

About the fund

The 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. We think of delivering a sustainable income as a bit like a jigsaw puzzle - all the pieces have to be in place for the picture to come together. Assets will yield differently at different times, so we will strategically combine diverse sources of income to target a high and resilient yield, year-in, year-out. The fund currently has £57.8 million assets under management and the current yield is 5.71%.

*Source: FE Analytics, total returns in pounds sterling, 6 June 2017 to 19 April 2024

Published on 24/04/2024