Actively managed UK equity income funds are among the most popular investments for dividend seekers - but don't forget passive investments can pay out too. UK Equity Income Funds have once again topped the polls as the most popular actively managed open-end fund sector last month.
According to the latest statistics from the Investment Management Association (IMA) show that UK equity income funds recorded sales of £606 million in September – raking in more cash than any other sector for the fourth month in a row. In part this boost is down to the launch of star manager Neil Woodford’s equity income fund in June, but low cash rates and rock bottom gilt yields also contribute...............................................Full Article: Source
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