Once the mainstay of many a portfolio, UK equity income funds are now often seen as deeply unfashionable, in a world still in thrall to the glamour of US tech stocks.
But there are reasons to take a fresh look at these funds and trusts, which may have some international holdings, but focus on these shores.
Shares in British companies are regarded by many as undervalued, or even as bargain buys. That is certainly the view of private equity predators.
This represents an attractive opportunity, so long as you are ready for the shocks that inflation and a slowdown in an economic recovery could produce.