Conclusion
The analysts believe that over the long term, both strategies had satisfactory performance based on stock selection and a desirable dividend yield while also providing downside protection.
Although the Deutsche fund has underperformed more than the BNY Mellon fund, this is within expectations due to its value investing style along with an underweight to US equities, Hinton said.
The analysts do not prefer one fund over the other and said there is no clear winner. A choice between the two depends on which investment style an investor prefers.
If investors are seeking an equity income fund overlaid with broad thematic investing, then the BNY Mellon is more suitable. If investors are more conscious of valuations, or believe markets will favour value investing, then the Deutsche fund is the better choice.
