Capital at risk

Investment strategy

Global Income Growth

Long-term dividend compounding is the eighth wonder of the world.  

We focus on companies that can compound earnings and dividends effectively over long periods. These are rare but can deliver attractive returns.

Three intrepid cyclists exploring scenic mountain trails on their high-performance bike.

For a lifetime of income, choose growth

Whether you require an income today and for years to come or are simply looking for attractive capital growth and total returns over the long term, dividend growth investing might be what you’re looking for. 

Global Income Growth Q4 investment update

Investment manager James Dow and investment specialist Seb Petit give an update on the Global Income Growth and Responsible Global Equity Income strategies covering Q4 2023.

A truly long-term approach

We aim to deliver a dependable income and real growth in dividends and capital over the long term. 

We believe the best way to meet these objectives is to invest in companies which can pay dependable dividends across the cycle; and which also have the prospect of real growth in profits, which will in turn lead to growth in dividends and capital.  

Such companies are rare and highly attractive to a client who needs income today and is also seeking capital appreciation well into the future. 

Resilient and dependable dividends

Our portfolio is a selection of carefully selected dividend-paying companies with attractive growth prospects and resilient businesses.

The strategy is managed with a growth mindset and a lengthy investment time horizon. We focus on dividend growth, not short-term yield.

The companies we hold support real growth in dividends, and they typically have resilient business models which provide stability at times of market volatility.

With many investors fixated on the short-term, our long-term focus gives us the opportunity to invest into mispriced dividend-growing companies.
Ross Mathison

Meet the managers

Documents

Philosophy and process

Explore our investment philosophy and the processes around how the team constructs the portfolio.

Quarterly update

Get the latest investment commentary, portfolio overview, transactions and performance information alongside governance engagement and voting. 

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You can invest in this strategy through the following fund(s).

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Strategy portfolio holdings

A list of the top 10 holdings that the representative portfolio invests in.

All figures up to: 31 January 2024

#Holding% of portfolio
1Novo Nordisk5.0%
2Microsoft4.4%
3Watsco3.8%
4Fastenal3.7%
5TSMC3.2%
6Procter & Gamble3.1%
7Partners2.9%
8Atlas Copco2.7%
9Apple2.7%
10Schneider Electric SA2.6%

Strategy holdings by sector

All figures up to: 31 January 2024

1Industrials22.00%
2Information Technology19.80%
3Financials16.20%
4Consumer Staples15.00%
5Health Care12.80%
6Consumer Discretionary8.70%
7Communication Services3.70%
8Utilities1.10%
9Materials0.90%
10Cash-0.20%
Total 100%

Strategy holdings by sector

All figures up to: 31 January 2024

Total: 100%

Please note

The information contained on this page is intended as a guide only and should not be relied upon when making investment decisions. All holdings information is unaudited. Source Baillie Gifford & Co. Please note that totals may not add due to rounding.

Invest in this strategy

You can invest in this strategy through the following fund(s).

Explore further

Curious to learn more about our products and what we can offer you? Please get in touch.

How to invest in this strategy

You can invest in this strategy through the following fund(s).

Explore further

Curious to learn more about our products and what we can offer you? Please get in touch.