Sarasin Global Higher Dividend Fund (Class 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
|Pfizer Inc||3.77 %|
|Bridgestone Corp||3.38 %|
|Unilever PLC||3.29 %|
|CME Group Inc Class A||3.20 %|
|NextEra Energy Inc||3.03 %|
|Air Products & Chemicals Inc||3.01 %|
|Total SA||2.92 %|
|KAR Auction Services Inc||2.91 %|
|Crown Castle International Corp||2.90 %|
|BT Group PLC||2.83 %|
|United States||45.99 %|
|United Kingdom||17.82 %|
|Europe - ex Euro||14.20 %|
|Financial Services||24.59 %|
|Real Estate||9.64 %|
|Consumer Defensive||9.55 %|
|Consumer Cyclical||8.39 %|
|Basic materials||5.75 %|
Neil joined Polar Capital in October 2010 as a fund manager. Prior to joining Polar Capital, Neil spent 2 years at AXA Framlington, where he was a portfolio manager within the Emerging Markets team. Previously he worked at Hexam Capital Partners from 2006 until 2008 as co-manager of the Global Resources Absolute Return Fund. Between 2004 and 2006 he was UK Investment Analyst at Baring Asset Management. Neil began his career as a graduate trainee at Framlington, between 2001 and 2004, having graduated from Leeds University with a degree in Environmental Biogeoscience.
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.
Data provided by Morningstar.
The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.
This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.
You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.