Views & News

UK Equity Income Bulletin

| UK Equities
James Lowen
Clive Beagles
02 Jun 2019
  • The main driver of the Fund’s relative underperformance was the continued strength in ‘growth’ / defensive stocks at the expense of ‘value’ names.
  • Owing to the Fund’s process and our ‘value’ instincts as fund managers, the portfolio is heavily and increasingly skewed to the ‘value’ side of the market.
  • The vast majority of the Fund therefore remains very cheap, in our opinion, and this value trajectory and continuing Fund dividend growth should underpin good relative performance over time. 
     

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