Peak of the profession? (cover story)

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    • Abstract:
      The article focuses on the financial performance of Equity Income funds of the Investment Management Association in Great Britain. It is inferred that it has outperformed the FTSE 100 and FTSE All-Share indices over one, three, five and ten-year periods to December 31, 2006 focusing on discrete calendar years. Its net retail sales totalled £2.3 billion. However, advocates argue that the durability and consistency of its performance is one of the major reasons to invest in such funds.