torsdag den 27. april 2017

Revealed: The UK funds that pay a 5% income

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DAILY BULLETIN
Thursday 27 April 2017
Revealed: The UK funds that pay a 5% income
by Nick Sudbury | Funds | 6 mins. to read
5%
On the fifth of March 2009 the Bank of England reduced interest rates to the supposedly emergency level of 0.5%, and then cut them again last August to restore confidence after the Brexit referendum. The accommodative monetary policy has provided enormous support for those looking for capital growth, but it's been a torrid time for income investors who have seen yields collapse across the board.

There is a huge investor appetite for reliable sources of high income, some of which will have been appeased by the launch of the new CF Woodford Income Focus fund. Neil Woodford is aiming to deliver an income of 5p per share in 2018 and if he succeeds it would be equivalent to a yield of 5% on the launch price of a pound a share.

 
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