Morningstar Fund Ratings: Weekly Round-up

ANALYST RATINGS: This week Morningstar analysts reveal a new rating for the M&G Global Dividend Fund

Morningstar Analysts 15 January, 2019 | 7:29AM
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New Ratings

M&G (Lux) Global Dividend Fund – Silver

Jeffrey Schumacher

We have initiated coverage with a Morningstar Analyst Rating of Silver. We already rated the UK version of the fund, which also carries a Silver Morningstar Analyst Rating. The fund is one of our favourite options for growth-oriented dividend investors. Much of the conviction is based on lead manager Stuart Rhodes, who we think is a talented manager.

He has been at the helm for over a decade and has remained true to his style even in tough markets. Rhodes invest in three different type of dividend stocks that provide different levels of dividend growth and behave differently in various markets.

The portfolio is typically tilted towards cyclical companies, mid-caps, and from time to time emerging markets. This more aggressive characteristic has resulted in a higher risk profile, but on a risk-adjusted basis the strategy has beaten its category average and the MSCI World High Dividend Yield index since inception.

 

 

 

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
M&G (Lux) Glb Dividend C EUR Acc17.36 EUR-0.26Rating

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