Will Battered Income Funds Ever Deliver Profit Again? [Scot Region]
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Summary
EQUITY income funds promised regular income from shares as well as stellar investment performance from star fund managers. But as the economy crumbled, so did returns. JAMES CONEY asks whether these funds can guide your savings out of the crunch.
WHY YOU INVESTED THE power of dividends enticed many. Investors were looking either to take dividends to boost their income or to reinvest the money to improve their total return.See the full content of this document
Extract
Will Battered Income Funds Ever Deliver Profit Again? [Scot Region]
As an example, a one-off investment of Pounds 1,000 in Invesco Perpetual High Income five years ago with dividends reinvested would today be worth Pounds 1,532. Of this P...
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