Funds Fan: Terry Smith, trust dividends and top fund performer

In the latest Funds Fan episode Kyle (ii’s Collectives Editor) and Tom(ii’s ETFs editor) discuss the latest fund and trust news; including Terry Smith’s recent letter to investors and research that revealed in the first half of 2021 investment trust dividends declined for the first time in more than a decade.

Later, Kyle interviews Chris McVey, fund manager of Octopus UK Multi Cap Income. The fund has been the best performer in the Investment Assoication’s UK equity income sector from 1 January 2020 to 1 August 2021 – returning 29.1%. The sector average is flat, at 0.2%, over that time period.

Visit ii.co.uk/funds and ii.co.uk/stock-market-news for more investing insight and ideas.

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