Pictet Asset Management is to launch a fund focusing on emerging market companies that offer high and sustainable dividends.
The Pictet-Emerging Markets High Dividend fund, to be managed by Mark Boulton and Stephen Burrows, is scheduled for launch on June 7.
Both managers will aim to provide a return through dividend income and capital appreciation. Their investment process will have a value bias and seek to exploit investment opportunities in the emerging markets high dividend yield universe.
“We use a dividend sustainability score and fundamental analysis to help us to select those stocks with high and sustainable dividends and to avoid those stocks where the yield is not sustainable or where the company has a weak outlook ,” says Boulton.
The fund will be structured as a compartment of the Pictet Luxembourg Sicav and is Ucits-compliant. Income can be paid monthly, annually or reinvested.
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