Business
The sector that’ll explode in February: fundie
Ask A Fund Manager
The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, AMP Ltd (ASX: AMP) portfolio manager Dermot Ryan reveals which sector he thinks is way too overvalued and which one is ripe for a rally.
The Motley Fool: What’s your fund’s philosophy?
Dermot Ryan: We’re a tax-aware income manager that manages money for retirees and accumulators in Australia, who can benefit from banking credits and high levels of dividends.
MF: Even though you’re income-focused, do you invest in all types of shares to get that outcome — or are you purely focused on dividend stocks?
DR: We take a cyclical approach to the market. So in times where we think the market…
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