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Watch: When is an income fund not an income fund?

When is an income fund not an income fund? Judging by this conversation at the New Model Adviser® conference earlier this month, it is when it's the Brooks Macdonald Defensive Capital fund. 

Here deputy fund manager Niall O'Connor outlines why, despite holding many stocks that produce income, the fund has not (yet) produced an income version of the fund. Watch to find out more. 

 

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