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What do you think of a global diversified Equity Income Fund?


I am thinking of investing in a global equity income fund that is tax-managed , about 15% federal. Yield on dividends is around 9.25%

It depends on what your investment objectives are. I'm a bit skeptical of your choice. You say it's tax managed -- but yet the dividend yield is quite high (9.25%) which will result in high capital gains each year. That doesn't sound like tax management to me. Also, well-diversified equity funds do not usually pay high dividends, so I'm a little skeptical of that feature, too.

On balance, the fund does not seem to be delivering on its promises of beith both tax managed and being a good equity fund.

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