rathbone income manager takes cautious stance choosing high quality companies with strong earnings potential
Carl Stick, manager of the Rathbone Income fund, has positioned his portfolio in anticipation of a recovery in 2003. The manager stresses he is only cautiously optimistic and so is not ignoring defensive stocks. Stick, who in January gained his three-year track record on the fund, has achieved top-decile results over both one and three year time periods. Rathbone Income is ranked third out of 73 funds in the UK equity income sector over three years to 20 January and seventh out of 77 over one year. Over three years, Rathbone Income gained 4.95% after charges, compared to the sector av...
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