Lee Gardhouse & Ellen Powley, Fund Managers
Equity income funds have the simple aim of increasing income and growing capital over the long term. In many ways, equity income is investing in its purest sense. When buying a share of a company, you become part owner of that business and are entitled to a share of any profits distributed as dividends. Over time, the best companies increase profits and pay higher dividends, which should contribute to a rising share price.
Fund managers approach this aim in a variety of 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.
This is why we seek to blend a selection of our favourite equity income funds into a single, convenient investment. We include fund managers with differing styles to form a diversified fund capable of delivering excellent long-term returns and reliable monthly income payments.
Important - The value of this fund and the income from it, can still fall so you could get back less than you invested, especially over the short term. If you are unsure of the suitability of any investment for your circumstances please contact us for advice. Once held in a SIPP money is not usually accessible until age 55 (rising to 57 in 2028). Relative risk ratings should not be used to compare these funds with other investments. Tax reliefs depend on individual circumstances.
This fund has a holding in Woodford Equity Income, in which dealing is currently suspended. This fund continues to trade as normal.
At a glance
Income & Growth
Moderate / Adventurous
Sell: 147.53 | Buy: 147.53