White List changes reflect volatility in fund returns

Volatile and extreme market conditions, which have affected the returns of many UK income funds, have resulted in six changes in the 12 recommended income funds in Principal Premier's White List Income Study for July. The changes in the White List, designed to take into account both dividend streams and capital growth and gives greater weight to recent performance, are a result of the 1999/2000 difficulties experienced by many UK income funds. The funds included in the White List, which was first published in 1976 and is a recommended guide to Principal Premier's clientele, include ABN Amr...