| Asset Group | Asset Sub-Group | Investment Category |
| Equities | European equities | Income |
Selection rationale: The trust has been run since 2006 by Stephen Macklow-Smith, Alexander Fitzalan Howard and Michael Barakos. They were joined by Thomas Buckingham in 2016. The managers choose stocks from a list of companies with the highest yields that have been screened for sustainability of dividends and momentum characteristics. They invest mainly in larger companies, but the portfolio also holds some medium-sized businesses. They contend that unpredictable politics were holding markets back, and that the signs of thawing between the US and China and between the UK and EU have emboldened investors to take advantage of attractive valuations versus bonds and cash. They see further upside with more clarity on trade, Brexit and perhaps some renewed talk of fiscal stimulus. The trust can be geared to the tune of 20% of net assets, although was using moderate gearing at the end of August 2020. Please note: As a result of recent extreme economic conditions, many companies have temporarily stopped paying dividends or have significantly reduced the amount they are paying out. This means the income that is likely to be achieved by funds and trusts in the near future may be far less than the historic yield quoted in the portfolios. September 2020 | ||
Risk warnings
Past performance of the underlying constituents is not a guarantee of future performance. The value of investments, and any income from them, can fall as well as rise so you could get back less than you invest.
Annual performance can be found on the factsheet of each fund, trust or ETF. Simply click on the asset’s name and then the performance tab.
The information we provide in the ii Super 60 investments list is an opinion provided by ii or one of its partners on whether to buy a specific investment. Please note that none of the opinions we provide are a “personal recommendation”, which means that we have not assessed your investing knowledge and experience, your financial situation or your investment objectives. Therefore you should ensure that any investment decisions you make are suitable for your personal circumstances.
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