overweight positions in banks, utilities and property help aegon UK Extra Income reach top quartile with returns of 21.9% over three years
UK Corporate Bond funds returned 7.39% on average over the 12 months to the end of November providing a rewarding investment return compared to equities. Only one of the 76 funds in the sector, S&W Fixed Interest, posted negative growth over the last year and three funds delivered double digit growth over the same period. Aegon UK Extra Income, managed by Stephen Snowdon, posted growth of 21.9% over the three years to the end of November 2001 and top quartile performance in each of the past three years discrete performance periods. The Aegon fund, which yields 6.7%, is actively manage...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes