Global Dividend Value

Summary

TARGET

Tracking Error 4.0% - 6.0% over a standard market cycle
Excess Return 2.0% - 3.0% over a standard market cycle

INVESTMENT TEAM

Documents & Resources

N/A

 

Investing in high-quality businesses selling at a discount with an opportunity to generate downside protection and risk-adjusted returns over time.

  • High-quality value investment opportunities know no borders. The strategy seeks to invest in dividend-paying companies in the U.S. and around the world selling at a discount to fair value.
  • Fundamental research drives returns. Bottom-up research determines a downside and fair value potential for each security. By focusing on higher-quality companies and understanding their values, we seek to take advantage of pricing opportunities.
  • Actively managed risk-adjusted returns.  We seek to actively rebalance the portfolio to the best risk/return values within our quality universe.  

Availability

Investment capabilities are available to institutional clients through separate accounts, sub-advised portfolios and commingled vehicles. Please contact us for availability in your region.

Performance

*Annualized

High-quality companies are typically those that exhibit high, stable and sustainable returns on capital, attractive free cash flow generation, low financial leverage, and franchise sustainability.

Sources: MSCI Inc., FactSet

Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

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Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.