HL Multi-Manager Income & Growth Trust Class A - Income (GBP)
Our view on this Fund
This fund has a holding in LF Equity Income (formerly the Woodford Equity Income Fund), which is currently being wound up. This fund continues to trade as normal.
We think an equity income fund could be a great addition to almost any portfolio. But different fund managers approach equity income investing in different ways.
Some invest in higher-risk smaller companies with plenty of scope for future dividend growth, while others invest in large companies with well-established records of paying generous dividends.
The HL Multi-Manager Income & Growth Trust blends together the different investing styles of some outstanding fund managers. This creates a diversified fund capable of delivering excellent long-term returns and reliable monthly income payments.
We think it could be a great addition to many portfolios, whether you want to take an income from your investments or reinvest the income to boost long-term growth.