Global Dividend Fund's 17-Year Success

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Stuart Rhodes Global Dividend Fund: A Decade of Outperformance and Steady Income Growth - Launched in 2008, Rhodes fund has grown to £2.5 billion, delivering 233% total returns over the past decade, outpacing the average by 77%. The funds standout feature is its consistent annual income growth, increasing from 3.56p to 10.64p per share, averaging 7% growth each year. Despite challenges like global lockdowns, the fund has maintained steady income growth. Rhodes and his team select from 240 global companies, focusing on 41 that prioritize dividend growth without compromising capital. The portfolio includes US favorites like Microsoft and Meta, UK picks like Imperial Brands, and Japanese pharma Takeda. With a modest 2.3% yield and 0.16% annual charges, Rhodes aims to continue building a successful fund. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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