Four steps towards choosing the right income fund for a UK recovery

Labour's General Election was widely welcomed as good news for UK equities, which have been out of favour – often undeservedly – for too long. Notwithstanding current volatility across markets, there is a sense that Britain's smaller companies in particular may at last find themselves loved again.  Multi-cap income funds could offer a potent means of benefiting from such a turnaround. They allow investments in businesses across the market-capitalisation spectrum and can also provide a reliable source of returns in the form of regular dividends. Unfortunately, despite their appeal, sel...