Sarasin & Partners has launched two new equity income funds in addition to rebranding existing two funds in its global equity income range, as part of restructuring its fund range.
The two new funds, which include the new Sarasin Global Dividend Fund and Sarasin Global Dividend Sterling Hedged funds, will be managed by Mark Whitehead, who is currently the manager of the Sarasin Global Higher Dividend fund.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Whitehead will work alongside deputy manager Darryl Lucas to manage the new funds, which are targeted at providing a total return approach to global dividend investing.
The Sarasin Global Dividend Fund will achieve long-term capital growth, whilst also generating a premium income of at least 15% to the benchmark (MSCI All Countries World Index).
On the other hand, the Sarasin Global Dividend Fund (Sterling Hedged) will be a mirror version of the above, with the currency risk for Sterling investors being hedged.
The new funds will have an annual management fee of 1.5%, with a minimum investment of £1,000.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe new funds complement the existing (but renamed) Global Higher Dividend funds, which are aimed at delivering consistently higher levels of dividend income, over the longer term.
Additionally, Sarasin has renamed its Sarasin International Equity Income Fund to Sarasin Global Higher Dividend Fund to achieve a consistent level of income, in addition to long-term capital appreciation.
Meanwhile, the £181 million Sarasin Global Equity Income (sterling hedged) fund has been renamed the Sarasin Global Higher Dividend (sterling hedged) fund.
Whitehead said: "Globally the pool of companies offering progressive dividend policies is growing, opening more investment opportunities for global equity income investors.
"Since 2006, we have been largely focused on meeting the needs of investors seeking a growing income stream. Our global thematic process has been identifying more and more high quality companies with visible growth profiles and sustainable dividend streams that have a yield premium less than 50% to the market."
