|Asset Group||Asset Sub-Group||Investment Category|
|Equities||UK equity income||Adventurous|
Their investment process starts with several valuation screens. They aim to identify companies that are trading at significant discounts to their perceived fair values and take a three to five-year view on the stocks they are buying. The key difference here is the greater focus on dividends. They are ideally looking for stocks with a high dividend yield and income growth. Unlike many peers, they are willing to invest in companies that have cut their dividends if they believe it reflects an inflection point in the company’s strategy and share price. The fund yields 5.3% and pays income half yearly.
Significant deviation from its FTSE All-Share benchmark, in terms of the sectors and sizes of companies it is exposed to, can result in a performance profile that looks erratic on a calendar year basis. It did not do well in 2015 or 2019, for example.
The managers believe that, given the strong run by growth versus value over the last few years, it could be time for value funds to outperform once again. Their deep value style makes this a good complement to a core UK equity income fund.
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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