Investment management firm Sarasin Chiswell has launched a new fund that will invest in overseas equities.
The Sarasin International Equity Income Fund is one of a spate of new launches by the firm aimed at institutional investors, including charities.
The fund will be actively managed with a portfolio of 50 stocks and is aiming for strong dividend growth and a yield of 3 per cent.
The firm said the new fund would provide diversification for investors who are reliant on UK equities.
Guy Monson, chief investment officer at Sarasin Chiswell, said: "It is now possible to construct a diversified portfolio of international equities that offers a comparable yield to the UK equity market, but with the potential for superior dividend growth and returns."