J O Hambro UK Equity Income Inclusive - Class B - Income (GBP)
Our view on this Fund
This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »
Clive Beagles and James Lowen do something quite different to a lot of other equity income managers. They invest in high-yielding larger companies like most income funds do, but they invest quite a bit in higher-risk small and medium-sized companies too. They also invest in out-of-favour companies they think are ripe for a turnaround.
They've got a good track record and we think they have the potential to deliver good growth and income over the long term. The fund doesn't feature on the Wealth 50 list of our favourite funds though. It's more expensive than other UK equity income funds with managers who've also got strong track records. We're also not keen on the fund's performance fee.