Interest rates have been at emergency levels for 100 months now and there is little sign of any improvement and so the search for income becomes harder and harder. Conal Gregory of the Yorkshire Post looks at alternatives ways of seeking better returns on your money and highlights the benefit of investing in Chelverton UK Equity Income Fund.
Lowcock likes MI Chelverton UK Equity Income whether you are seeking income or growth. It invests primarily in mid-sized and small firms which yield at least four per cent........ For growth investors, the benefit is gained through reinvesting the dividends. Overall the fund yields 4.09 per cent.
To not take dividends gives a major boost to any portfolio. Whilst the FTSE 100 has increased 18.6 per cent in a decade, money invested there over the same period has jumped more than 74 per cent with the dividends reinvested.
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