With inflation soaring but savings accounts offering measly returns, it has rarely been more important to use an investment portfolio to top up a salary or pension income.
But most bond and stock funds only pay out income a couple of times a year, and companies pay dividends no more than quarterly. This makes it tough and time-consuming to organise a portfolio to organically deliver monthly payments.
Thankfully, some funds are structured to return cash on a monthly basis to investors, with ten making it into Seymour Sinclair’s list of favourite high yielding income funds that have a risk rating at or below the FTSE 100 funds.
A shortlist of our favourite funds for investors seeking income:
Contact the office on 0208 870 7072 or email admin@seymoursinclair.co.uk to get further information.
Don’t forget it’s the end of the tax year April 5th 2023. Use your 2022/23 ISA Allowance before this date or lose it !
