Edinburgh Monthly Income trumps peers

split-cap exposure responsible for 43.86% fall in jupiter monthly income over three years while efm benefits from high bond weightings

There were more than 80 percentage points between the best and worst performing funds in the UK Equity Bond sector over the three years to the end of June 2003. Returns ranged from -43.86% for Jupiter Monthly Income to 37.66% for Edinburgh Monthly Income, according to figures provided by Standard & Poor's. The IMA's rules on qualification for this sector are somewhat flexible, stating funds must have at least 80% of their assets in the UK and aim for a yield of at least 20% above that of the FTSE All-Share. Additionally, they must hold between 20% and 80% in UK fixed interest securi...