Rhodes uses unconstrained global remit in the pursuit of consistent dividend growth

RADAR ALERT

M&G manager's investment approach targets undervalued firms with capital discipline

Global growth funds have outperformed over the last year despite worldwide market volatility, with the IMA Global Growth sector up 19.1% over 12 months to 5 July. According to Morningstar, M&G’s Global Dividend fund is up 30.5% over the same period. The £199m vehicle, which has been managed by Stuart Rhodes since its July 2008 launch, is ranked fifth out of 194 funds in the Global Growth sector over one year. Rhodes employs a bottom-up stockpicking approach, driven by fundamental analysis of individual companies. His investment strategy is to identify companies that understand capital...