One to Watch: Legg Mason Income Optimiser

Legg Mason Income Optimiser

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FE Research's Joshua Ausden searches the market for the best hidden gem funds for your portfolios.

Equity income funds have been a big beneficiary of investors’ keen search for yield, but fixed interest remains a key area for those with an eye on downside protection. Unfortunately, the strong performance of bonds in recent years has pushed yields in many areas to extreme lows. Higher-yielding paper remains popular, but has a much higher correlation with riskier assets like equities. As a result, high yielding bond funds that manage to keep volatility to a minimum are in demand. One fund that is increasingly hitting investors’ radars is the Legg Mason Income Optimiser portfolio. Reg...

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