Amandine Thierree highlights some of the leading funds from a sector best-placed to make the most of the UK market's most reliable segments...
UK Equity Income is one of the most popular IMA sectors, ranking third after the UK All Companies and Global sectors, with almost £60bn in funds under management. Funds in the sector have been investors' favourite vehicles in their search for yield, and this has recently strengthened, with a UK economic recovery proving to be more robust than neighbouring countries. The sector achieved record net retail sales of £1.4bn in June, according to the IMA's latest statistics. To be included in the sector, funds need to yield 110% more than the FTSE All Share over three-year rolling period...
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