Five income-focused funds for a lower interest rate environment

Income-seekers face "an ongoing headache"

Victoria McKeever
clock • 3 min read

With UK interest rates stuck at historic lows, Fidelity International investment director for personal investing Tom Stevenson has picked out five funds for a 'lower forever' rate environment.

The Bank of England may have maintained interest rates at 0.25% last week, said Stevenson, but some commentators are predicting they could still fall further and savers and investors face "an ongoing headache" in their hunt for a sustainable source of income. He added: "To compound the problem, the environment for income-seekers is only likely to get more challenging following predictions that rates are going to head further south." Addressing the question of where to look for yield, Stevenson highlighted the following five income-focused funds which, he said, "could help investors ac...

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