Lincoln and Sovereign top Principle Black List

The Lincoln Income and Sovereign Income funds top Principal Portfolio Management's Black List, a table of the worst-performing UK Equity Income funds over five years. At the other end of the quality scale, Rathbone Income, Friends Provident Stewardship Income and Liontrust First Income top the White List as the most consistent funds over the period. The latest update to the list, which takes in performance up to the end of June 2003, sees the Lincoln and Sovereign funds extend their membership of the Black List 'Hall of Shame' to two and two-and-a-half years respectively. The Black L...