Perpetual High Income unit trust
Article Abstract:
Perpetual High Income unit trust has Neil Woodford as its lead manager and he has 16 years experience as a fund manager. Woodford focuses on long-term themes and financial services companies accounted for 43% of funds invested in Jan 1998. The fund's holdings include BAT Industries, Glaxo Wellcome, National Westminster, General Accident and Abbey National. The fund has performed well over a 10 year period. It could become a takeover target and would not necessarily continue to perform well if it were taken over.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Jupiter Income unit trust
Article Abstract:
Jupiter Income unit trust has William Littlewood as a fund manager and he favors small companies. Jupiter Income has performed better than the market as a whole in the decade to 1998, but did not perform so well in the year to Feb 2 1998, partly because it tends to avoid larger companies. Littlewood expects inflation to be low and still sees best value in smaller firms. The performance of the fund is not lilely to improve until conditions improve for smaller firms. The fund is aggressive, or high-risk.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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