Stick's fund tops white list

rathbone income fund comes first on principal white list of top performing income funds

Carl Stick's Rathbone Income has topped Principal Investment Management's white list of the top 12 performing income funds. The fund, which has been near the top of the white list since January 2000, returned 19.9% in the 12 months to 30 June 2004. The top fund in the January list, Isis Stewardship, has now dropped to second place, despite producing net income of £19.30 on a £100 investment made five years ago. In third place was Liontrust First Income run by Jeremy Lang. Charles Brand, head of managed funds at Principal, said: "Equity income funds were unfashionable at the peak of the b...