James Hay adds SWIP European Income Fund to wrap platform

James Hay has added the SWIP European Income Fund to its Wrap fund range. The total number of funds now available on James Hay Wrap totals 1,305 funds from 56 different providers.

Shaun Sandiford of James Hay, said: “This newly launched fund offers investors the opportunity to attractive yields and potential for capital growth of European companies. UK Equity Income funds have historically been popular, but the launch of different regional income funds is markedly increasing IFAs access to similar investment strategies in key markets globally.”

Investors using James Hay Wrap can now choose retail and institutional funds, OEICS (Open Ended Investment Companies) and Unit Trusts at competitive and preferential terms. Together, the James Hay SIPP and Wrap businesses have over £13 billion under administration.

James Hay Wrap offers free fund switches and automatically returns rebates to client accounts. Unlike many competitors, James Hay has a philosophy that supports “any fund, in any tax wrapper at any time” and has no preferred fund houses or Investment styles. Advisers can buy any fund they and their clients choose.