The Global Equity Income sector is comprised of funds that are looking to pay above average income and are investing predominantly in equities (but not exclusively) and have the freedom to invest wherever they want in the world. The asset allocation (which countries they choose to invest in and which asset types they use) varies quite a bit from fund to fund. Producing income from a globally diversified portfolio should, all things being equal, allow for less risk (because of the diversification benefit) but heightens currency and political risks.
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