Split-cap weighting benefits New Star

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New Star's UK Strategic Income tops UK Equity Income sector due to heavy weighting in much maligned asset class

Click here to download raw data A portfolio from New Star tops the UK Equity Income sector over three years to the end of March, thanks in part to a large weighting in split-capital investment trusts. Click here to download pdf Launched in 1988, New Star UK Strategic Income made a cumulative bid to bid return of 174.66% over the three-year period against a peer group average of 101.68%, according to data from Standard & Poor's. The fund's year on year figures also showed consistent outperfor-mance of the sector. During the first discrete period, April 2003 to March 2004, the product g...

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