the fund is all about finding good companies at low valuations
Europe has had a rocky ride since the start of the financial crisis with ever increasing worries about whether the Eurozone can survive. Even in 2015 fears were raised over a potential Greek exit. However, despite all of this uncertainty many now see Europe as offering greater potential for growth compared to the likes of the US which is seen as fair value.
In this update we talk to the manager of the IP European Equity Income Fund and look at Europe and the fund. The fund has delivered strongly since launch with an income of currently 3.50% p.a. It may therefore appeal to investors seeking an income or as a blend within a growth portfolio.