The funds are split into three sectors: all companies, smaller companies and equity income, the last-named focusing on blue-chips that pay a reliable dividend.

Yet it has been a consistent performer and, at 15p last year, a reliable dividend payer.

Does he flit between investments, or rely on the steady satisfaction of reliable dividend yields?

From an investor's point of view, they have huge attractions quite simply because of that stolid reliability — and that equally reliable dividend growth.

For a shareholder, that should make for a steady stream of income that supports a reliable dividend, plus good capital growth over time.