UK equity income funds are often criticised for having a very high concentration to a small number of stocks - 68% of income comes from 20 stocks; 51% from 10 companies.
Some believe it is a problem for the sector that income and capital growth is dependent on such a small number of companies. Spike Hughes, chief executive officer of INSYNERGY Investment Management, reveals the risks attached to top FTSE 100 stocks. HSBC (banks) This is a big well known name but it is still a bank and banking stocks at the moment are going up and down 5% in a day even on a calm day and of course banks are at the heart of most of the world's problems right now Current share price: 505.00p Performance over 3 Years: Vodafone (Mobil...
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