The BlackRock Global Multi-Asset Income Fund appeals to retirees seeking consistent monthly income, delivering yields similar to franked Australian equities but with less than half the risk.
Built on a "risk-first approach to income", the BlackRock multi-asset strategies group look to maximise income but are also cautious not to exceed a pre-determined "risk ceiling".
BlackRock head of investment strategy, David Griffith says investors need to seek yield beyond a single asset class and think multi-asset, but also be mindful of the risks when seeking income.
In the accompanying article, Griffith explains how the fund invests in more than 10 asset classes, 40 countries and 20 sectors which all provide access to attractive income opportunities with less risk from the nature of broad diversification.