The Evergreen team has examined the strengths and weaknesses of the product, as well as a detailed look into the fund manager, key personnel, governance, compliance and track record analysis.

Evergreen Ratings has awarded the Manning Monthly Income Fund a score of “Highly Commended”. Consultant Dominic Beange noted that “The Fund has continued to meet its target return and has had no monthly negative returns attributable to credit losses. Manning AM continue to externally value their assets monthly, and since our last review Manning AM have commissioned external rating of all Fund assets.”

Evergreen Director Angela Ashton highlighted the detailed due diligence conducted by the manager as a particular strength of the product, while the team noted that investors could be exposed to risks such as credit risk and absence of secondary liquidity.

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