Best In Class  

Best in Class: BlackRock Continental European Income

While most income funds will have at least a value tilt to them, Mr Zoellinger still needs to see some quality in his names and will not buy a stock purely for its yield.

As such, the fund may not be the best yielder in the sector, but offers other characteristics such as a good total return, especially when considered against his peers, many of whom do not have such income requirements.

In the past five years the fund has returned 63.1 per cent compared with 59.6 per cent for the sector average. It currently yield 2.5 per cent and has an ongoing charges figures of 0.92 per cent.

Backed by a market-leading research function, this fund has found a strong balance between total returns, dividends and volatility – making it a strong candidate for investors wanting core European equity income exposure.

Darius McDermott, managing director, FundCalibre