Neptune Income Fund Income Class A Retail

Sell : 114.60p | Buy : 114.60p | No change 
Last valuation as at 28-11-2008

HL comment

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Information from the fund manager

Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.


HL group comment: Neptune

Our view on this Fund Management Group as a whole

Neptune Investment Management was formed as an independent and privately owned company by Robin Geffen in May 2002. Since then, the group has launched a number of core and specialist funds and have built strong track records that compare extremely favourably to their respective peer groups. One of the attractions of the firm is that it has created a company structure where employees can own a stake in the business aligning the goals of the fund managers and staff with those of investors. With excellent performance across some of the funds, we believe the company has bright prospects looking ahead. CF (Capita Financial) is simply the administrator for this fund and has no involvement in the day to day management of the fund.

13-09-2007

HL sector comment: UK Equity Income

Our view on this sector

With the UK stock market yielding a similar level to gilts, investing in equity income funds could be opportune. Many funds yield in excess of 5% currently. In performance terms it is fair to say that many of these funds have struggled this year by being under exposed to mining shares and some over exposed to financial companies. Going forwards, this sector could provide a core to many investor's portfolios with funds offering the prospect of rising income and capital growth.

20-11-2008