Growth investments more popular than income Go compare with our comparison table

Growth investments more popular than income

01 June 2010 / by Rachel Mason

Growth investment products are more popular than income products according to the latest research by Fair Investment Company.

The firm, that polled savers in October and April has found that the percentage of savers looking for growth investment products has increased from 47% six months ago to 78% now, while those looking for income from their investments has gone down from 53% to just 22%.

The survey also revealed that 86% of savers are sick of the low rates on savings accounts are looking to review their savings while the base rate remains at 0.5%.

"The Bank of England base rate has been at 0.5% for 15 consecutive months now, while the average instant access savings account rate is just 0.73%, so it is no wonder that people are ready to review products that aren't performing," said George Ladds, Fair Investment Company's head of pensions and investments

"And it is interesting that there has been a bit of a shift from income to growth," he continued. "It could be to do with the fact that people are less nervous now and are therefore more prepared to move out of safer cash products to look at longer term investment growth plans than they were six months ago.

"That is certainly backed up by our survey which found that six months ago, 12% of respondents said they were nervous of the current climate, now, the figure is just 5%."

George says that because financial needs change over time, as do the performance of different types of savings, it is important to review all your savings, whether in cash or in other investment products to make sure you are getting the most from your money.

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 Product NameISA OptionIncome YieldMore Info
Income Maximiseryes
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Seeks to achieve a target yield of 7% to generate a quarterly income, whilst offering the potential for some long-term capital growth. Save 100% on Initial Charges.
Monthly Income Plus Fundyes
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Popular monthly income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. 100% discount on initial charges.
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Strategic Bondyes
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Investing in higher yielding assets which will include most types of fixed interest securities, this fund aims to deliver a quarterly income to investors. Save up to 97% on Initial Charges.
Invesco Perpetual Corporate Bond Fundyes
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This highly popular investment fund aims to achieve a high level of overall return with relative security to capital. Income Paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge.
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Artemis Income Fundyes
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One of the leading UK Equity Income Funds. The Fund managers hunt out companies with strong free cash flow and solid balance sheets. Income is paid to you twice yearly. 100% Discount off the Standard Initial Fund Charge.
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Invesco Perpetual High Income Fundyes
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One of the UK's most popular income funds, the Invesco Perpetual High Income has delivered consistently good long term returns through a variety of market conditions. Income is paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge.
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M&G Corporate Bond Fundyes
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The M&G Corporate Bond Fund is a conservative ‘blue chip’ sterling fund that aims to produce a higher return than UK government bonds. Income is Paid to you Quarterly. 100% Discount off the Standard Initial Fund Charge.
Jupiter Merlin Income Portfolioyes
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The Jupiter Merlin Income Portfolio fund aims to achieve a high and rising income with some potential for capital growth. Income Distributions are made to you quarterly. 95% Discount off the Standard Initial Charge.
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