Miton Group’s Williams on the Diverse Income Fund’s growth

Gervais Williams, fund manager at Miton Group PLC (LON:MGR) says for fund managers it is all about “growing that dividend” as “good and growing income is really what’s driving the market at the moment”.

He says the diverse income fund, which returned 4% last year to investors, is “very open minded” as long as there is dividend growth.

The fund buys both FTSE100 companies, such as Legal & General Group plc (LON:LGEN), but also AIM stocks, which Williams says are “particularly under discovered”.

Around 15% is invested in FTSE100 companies, slightly higher than last year due to BREXIT uncertainties, but 65% remains in “small-micro” where Williams sees “the best opportunities”.