Equity income was back in favour last month. Bill Mott's Credit Suisse monthly income and Neil Woodford's Perpetual income funds are in the top 10 for the first time in over a year. Mott's fund returned 26.23 per cent for the year to the end of January, while Woodford's returned 25.84 per cent.
The investment trust sector continues to go from strength to strength, with the average fund returning 5.84 per cent over the last year. It is almost 10 per cent ahead of the aver- age annual unit trust return, which stands at -3.54 per cent.