The fall in new economy stocks means UK equity income funds are once again producing higher historic...
The fall in new economy stocks means UK equity income funds are once again producing higher historic total returns than growth portfolios, writes Robert Stock. According to Standard & Poor's, over 25, 10 and five years, equity income funds have had a clear lead on growth funds, although both lag the FTSE All-Share. In the 25 years from 30 June 1976 to 29 June 2001, the average equity income fund returned 3,555.05%, compared to 3,223.30% for the average UK All Companies fund. The FTSE All-Share Index returned 3,750.6%, over the same time period. Over the 10 years from 28 June 1991 to 29 ...
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