Why you should look global for income

I have always loved the equity income story. Equity income has served UK investors incredibly well for decades. In many ways, it has been a lazy way of investing and that is a major part of its appeal. One could invest into a UK equity income fund and enjoy a reasonable starting yield and an inflation beating pay rise most years as company dividends edged higher, in line with earnings growth. What’s more, as share prices tend to follow earnings and dividends, investors’ capital grew too and as time elapsed, they found that they were enjoying an income of 15% per annum on the capita...