Hi,
I am looking to invest my annuity tax free lump sum in a high income fund. Can any one tell me where I can see these funds and especially the historical income payments and capital growth (if any). I need to compare their performance with the best income return from say, web saver accounts.
Thanks
Mike
Are you looking at shares or bonds ?
Do you actually want capital growth or all income ? (think CGT vs income tax)
Do you have enough to consider making your own investment decisions and thereby saving the 2%+ in charges. It really isn't that difficult to find out where your favorite fund has invested its money and copy it.
Remember that the past investment performance is often the opposite of the future.
and remember it probably doesnt have to be one or the other, or all in one place.
You are not comparing like with like. You can lose part of your capital with a high income fund.b
The income data is hard to come by. Digitallooks tool came up with these that had grown 4%pa over the last 4 years -
Capital Gearing JP Morgan Fleming Mercantile Inv Tst Framlington Innovative Growth Merril Lynch World Mining Trust TR European Growth Trust Albany It City of London Investment Trust Northern Investment State Rs Edinburgh New Income Trust Baronsmead Vct2 Close Brothers Protected VCT Pacific Assets Close Bros Aim Western Selection
Consider these -
/Try asking on the Motley Fool - High Yield Portfolio forum (it could have been made especially for you !)
Get all commissions rebated for a £30? fixed fee -
hth
Daytona
Thanks Daytona. That's a pretty comprehensive reply. I have had a quick glance at the Motley Fool but I will now look at the articles in more detail.
Mike
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