Pension
FACT BOX
MANAGERS : Gervais Williams & Martin Turner / LAUNCHED : 14 / 10 / 2011 / FUND SIZE : £ 850m / OCF : 0.81 %
CROWN RATING
some will become insolvent .” He said this could hinder markets for the next 20 years , making it important for investors to prepare now – which means rebalancing . While growth stocks have dominated markets for the past decade , Williams said income stocks should “ become king ” as they snap up companies that have too much debt to allow otherwise viable business models to function .
The manager also said small caps were due a resurgence , which could happen as early as this year if currency markets move . “ The dollar has been strong , which is better for FTSE 100 companies which derive around half of their earnings from overseas ,” said Williams . “ But it won ’ t always be this way .” While investors wait , the fund is producing a 4 % yield .
Performance of fund vs sector and index over 10yrs
250 %
Premier Miton UK Multi Cap Income ( 171.5 %)
FTSE All Share ( 92.7 %)
IA UK Equity Income ( 87.6 %)
200 %
150 %
100 %
50 %
0 %
-50 %
Sep12 |
Sep13 |
Sep14 |
Sep15 |
Sep16 |
Sep17 |
Sep18 |
Sep19 |
Sep20 |
Sep21 |
Source : FE Analytics
Issue 87 - September 2022 / 45 /