Rathbones' Stick: My stocks and sectors for income in a bull market

Rathbones' veteran income investor Carl Stick on price risk, asset quality, and the importance of protecting on the downside.

The Rathbone Income fund has been running for over three decades, and throughout this time it has followed a strict discipline, focusing on generating a growing dividend over the long term. Suited to those investors who understand its long-term philosophy and want to gradually build up their capital over the years, holders have had a mixed ride of late, with the fund lagging peers marginally on a one-year view. The fund has returned 23.1% versus the IMA UK Equity Income sector average of 25.9% on a one-year view, but over three years he has outperformed, returning 48.3%, ahead of the ...