The UK equity income sector has long been a popular choice for investors, but there has been much press comment about this sector in recent months for different reasons. One of the main news-stories has concentrated on the clampdown by the Investment Management Association (IMA) on those funds that do not achieve the necessary yield target to warrant inclusion in the sector. The UK equity income sector yield target is that funds need to aim to achieve a historic yield on the distributable income in excess of 110% of the FTSE All Share yield at the fund's year end. This clampdown on UK equ...
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