The fund, managed by Will James, seeks to invest in a concentrated portfolio of stocks, to generate a sustainable level of income together with some capital growth. In order to achieve this Will seeks stocks that fit into one of three categories these being high dividend, dividend growth or dividend upgrade.
He uses a bottom up fundamental approach to stock selection with an emphasis on balance sheet strength and ability to pay a sustainable dividend. He has no biases when it comes to the size of companies he invests in.
We like this fund as it provides investors with access to a reliable income stream. The fund has been managed by Will since launch. His flexible approach to investing means he is not tied to one particular area of the market thus giving him the potential for greater opportunities and hopefully the ability to maintain the dividend income. Will also benefits from being able to lever of the wider European equity desk at SLI.