Recommendations for non-uk focussed income fund

mark_cycling00

Good morning.

I'd like to maintain an income element in my portfolio. 
Currently my merchants trust + a few UK renewable energy funds do well but lack diversification esp if Europe region suffers over next 10 years compared to Americas, Asia, middle East etc 

(Some of merchants trust is international companies but I can't work out the proportion)

Are there are any less European focused funds that people can recommend?.

Many thanks 

wmb194

mark_cycling00 said:

Good morning.

I'd like to maintain an income element in my portfolio. 
Currently my merchants trust + a few UK renewable energy funds do well but lack diversification esp if Europe region suffers over next 10 years compared to Americas, Asia, middle East etc 

(Some of merchants trust is international companies but I can't work out the proportion)

Are there are any less European focused funds that people can recommend?.

Many thanks 

You could play with the filters on the AIC's website. 

https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=ASI&sortid=Name&desc=false

masonic

You're going to struggle to find global options with less than 20% exposure to Europe. VHYL is 25% Europe (including 8% UK). MYI is a trust that might be considered, but again, reasonable exposure to Europe. It might be easier to pick up a couple regional funds or trusts covering US and Asia/Pacific, for example.

MRCH has about 98% UK, with a little bit of US and European exposure, presumably through dual listings.

mark_cycling00

Thank both.

I don't feel confident enough to pick specific geographic regions so perhaps I pick global and reduce my other UK income funds 

I had viewed the VHYL and noticed that it varied from the msci allocations for industries so perhaps good flexibility for stock picking.

Millyonare

HFEL, in Asia, with a long and big 8-9% yield.

Heavily exposed to China, tho, so it comes with risk.

Not advice. Dyor, etc.

coastline

Steady global income fund. Performance similar to global tracker over longer period. Something to consider .

Chart Tool | Trustnet

JPMorgan Global Growth & Income plc Fund factsheet | Trustnet

mark_cycling00

Thanks. 
Like both of those. Could swap some existing aew REIT for hfel to maintain higher yield.
The jpm looks good too

ColdIron

HFEL is great if you are taking the income but you should manage your expectations regarding the capital value. Share price down nearly 26% over 5 years. With dividends reinvested it's up less than 5%

Gary1984

How about a cheap Asian tracker? Vanguard's version currently yielding 4.95%.

LHW99

There is the North American Income fund (NAIT) if you are looking to set up a portfolio of ones from different regions rather than going for one global fund.

mika_dm

For diversification from EU and UK I use NAIT and AAIF, both with yield around 4% plus a combination of ATST, BNKR and BUT( I do know they overlap a bit) with yield around 2% and capital gain as well.