Investors favour high yield funds

Investors are turning away from growth-oriented income funds according to research by Threadneedle Investments. Six hundred investors were interviewed, and 54% agreed strongly with the statement: "The biggest challenge facing investors today is how to generate a decent income". When asked about their income objective for their investments, those surveyed were required to give their preferred mix of income and capital growth. The research showed investors were more likely to choose a high yield income fund with little prospect for growth rather than a low yield fund which had excellent grow...