Aberdeen Standard Investments (ASI) has launched an equity fund aiming to deliver a premium, monthly income stream through the cycle, alongside capital returns.
The Aberdeen Standard SICAV I – Global Dynamic Dividend Fund, which is managed by ASI’s global equities team, invests in a portfolio of 80-100 stocks worldwide, diversified across sectors and geographies, with a bottom-up, ESG-embedded investment strategy.
In addition to analysing companies’ fundamental strengths, the investment team targets diversified sources of income by screening the global universe of dividend-paying stocks.
To enhance portfolio yield, the fund combines long-term investment in companies paying regular dividends with tactical trades in stocks paying special and regular dividends. It invests in value and growth stocks in the hope of maintaining a balanced, diversified profile. It seeks to deliver a premium dividend income whether markets rise or fall.
Josh Duitz, Senior Vice President – Global Equities, Aberdeen Standard Investments, said: “Investors today need equity income more than ever, with a staggering $15 trillion in bonds globally providing negative yields. During this prolonged period of market volatility, the strategy provides a unique solution blending income and growth opportunities, aiming to help investors to diversify and capture market upside while getting paid to wait for markets to recover when they are falling.”