Blue Sky fund hedges against any market scenario

Blue Sky Asset Management is offering its own income fund for investors uncertain about the market outlook, with an autocall feature that ensures capital is not tied up should the market rally.

The five-year, high-income corridor autocall plan four offers a return of 3.5% every six months. The first payment is unconditional, but from month 12 payments are made if the FTSE 100 index is at or above 90% of its starting level. The autocall feature can kick in if the index reaches 105% of its