Ken Rayner, investment director at Rayner Spencer Mills, discusses the benefits of investing in the UK Equity and Bond Income sector and picks two funds to watch.
The IMA UK Equity and Bond Income sector is relatively small, and includes those funds that invest in a combination of UK equities and bonds with the aim of producing an income. The IMA defines UK Equity and Bond Income funds as ones which invest at least 80% of their assets in the UK, between 20% and 80% in UK fixed interest securities and between 20% and 80% in UK equities. These funds aim to have a yield in excess of 120% of the FTSE All Share Index. In many ways, this sector is often overlooked, as investment managers source UK equity funds and bond funds separately, and then comb...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
