With UK markets hitting all-time lows, income-seeking investors may be better served seeking returns overseas
With interest rates and bond yields at historic lows, these are tough times for incomeseeking investors. But to borrow a phrase from 1980s pop star Billy Ocean, "When the going gets tough, the tough get going" - in this case, away from the UK and into overseas income funds. The first good reason to consider overseas-invested income trusts is that they lower the risk of the portfolio by diversifying sources of income. With the demise of financial stocks as dividend payers, most UK income funds will have, to a greater or lesser extent, BP, Shell, Vodafone, GlaxoSmithKline, probably HSBC (as...
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