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Rathbone blue chip income and growth moves to UK equity income and growth sector

Rathbone income and growth fund has been renamed as blue chip income and growth and will be moved to the newly created IMA UK equity income and growth sector.

Its move from the IMA UK All Companies sector is designed to help the fund reflect its objective of not investing less than 75 per cent in shares of the FTSE 100.

The UK equity income and growth sector comprises of equity income funds with a yield requirement of between 80 per cent to 110 per cent of the FTSE All-Share index yield.

The end of March is the IMA’s proposed deadline for details of the new sector composition to be made public.


Head of marketing David Holloway says: “We have renamed and reclassified our fund but we have the same highly experienced manager at the helm, the same income track record and the same proven investment process.”

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