.Funds favor high yielders

Sitting on cash levels of 10%, many retirement funds are buying high yielders, says salesman at Lehman Brothers, who notes recent rate cut has triggered further buying. Salesman says stocks with over 4% dividend yield, such as Amoy (0101) , Wharf (0004) , HK Electric (0006) and HK & China Gas (0003) , are funds' favorite plays.

Related stock : (NIL)