Factsheet: Sarasin Global Higher Div P Acc

Global Equity Income

Rated Fund 2016-2018. Invests in long-term themes

Sarasin Global Higher Dividend was highly commended in the Global Equity Income Fund category in the 2017 Money Observer awards, having won the title of Best Large Global Equity Income fund in both 2014 and 2015.Despite several manager changes in recent years, it has maintained a good track record. The fund aims to deliver an income that is 50 per cent higher than that of the MSCI World index. It currently yield 3.4 per cent, compared to 2.4 per cent for the index, and pays a quarterly dividend.Guy Monson and his co-manager Guy Davis aim to identify global trends and the companies most likely to benefit from them. Monson, who had previously run the fund between 2007 and 2012 and returned to its management in mid 2016, pioneered Sarasin's thematic investment approach for global equity portfolios.He believes the best way to identify companies with sustainable earnings growth is to start with companies with sustainable sales growth. The managers do this by looking at long-term trends, such as the consequences of ageing or the inevitable consequences of diet change. These trends may be affected at the margin by the economic cycle, but they will not be derailed by it because they represent secular rather than cyclical growth. The managers then employ corporate themes to distinguish the company traits most likely to lead to consistent and improving cash-backed returns. Financial modelling is used to test financial strength. Their rigorous approach to financial durability helps them to uncover winners.

Narrative and ratings content all as of 01 January 2018.

See all Money Observer rated funds
Name
Sarasin Global Higher Div P Acc
Manager
Sarasin Investment Funds Ltd
Type
Open Ended Investment Company
ISIN
GB00B84ZSV39
Sector
Global Equity Income
Launched
15/10/2012
OCF
0.98 %
Risk Rating
3
3 Year Sharpe
0.99
3 Year Alpha
1.75
Yield
3.3 %
Benchmark
MSCI World NR GBP
The Fund seeks to achieve a long-term capital growth whilst also generating an income yield of at least 50% higher than the MSCI World Index (Net). The Fund predominantly invests globally in shares which satisfy Sarasin's thematic process. Sarasin will pay particular attention to the potential for company profitability, good performance and attractive income levels. Cash and near cash, units in collective investment schemes and other types of transferable securities, money market instruments, warrants and deposits may also be used to generate income or otherwise achieve the objective. The Fund is not constrained by geography, sector or style but manages risk through a variety of theme characteristics. The Fund will not track an index.
Holding %
JPMorgan Chase & Co 3.11 %
Prudential PLC 3.04 %
Total SA 3.02 %
Unilever PLC 2.96 %
Air Products & Chemicals Inc 2.94 %
Taiwan Semiconductor Manufacturing Co Ltd ADR 2.93 %
BlackRock Inc 2.93 %
Pfizer Inc 2.89 %
Royal Dutch Shell PLC B 2.81 %
Enel SpA 2.79 %
Region %
United States 48.85 %
United Kingdom 16.93 %
Eurozone 13.22 %
Europe - ex Euro 9.21 %
Sector %
Financial Services 26.20 %
Healthcare 9.89 %
Industrials 9.51 %
Real Estate 9.02 %
Consumer Cyclical 8.99 %
Consumer Defensive 8.71 %
Energy 8.18 %
Communication Services 5.63 %
Utilities 5.42 %
Basic materials 5.42 %
Name
Sarasin Investment Funds Ltd
Address
EC4M 8BU, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Guy Monson
Joined 05/14/2016

Guy is portfolio manager focusing on global equities. He co-manages Sarasin’s global equity income strategies for institutional and retail clients. Guy has over 30 years of investment experience and joined the company in 1984. In 1988 he became manager of Sarasin's flagship GlobalSar family of balanced investment funds, winning awards for investment performance and risk profile. Guy has pioneered the use of thematic investment in the management of global equity portfolios and today manages the Sarasin Global Opportunities fund as well as leading the firm’s investment strategy. Guy writes regularly in the international financial press and appears on Bloomberg and other financial channels. Among other responsibilities he is a Trustee of the Invictus Games Foundation, and Chatsworth House, and is a member of the London School of Economics Ideas Board.

Guy Davis
Joined 08/15/2015

Guy is a portfolio manager for the global equity income strategies. Within the global equity team he co manages Sarasin’s Institutional mandates and retail funds. Guy also co-manages a number of large segregated portfolios. Guy joined Sarasin & Partners in January 2011, following a number of years in private client wealth management at Charles Stanley Stockbrokers. Guy is a CFA charterholder.

Data provided by Morningstar.

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