Large Cap Dividend Growth
A long-only, total-return focused, large-cap core equity strategy invested exclusively in the stocks of companies with a history of consistent annual dividend increases to build a diversified, high-conviction portfolio of 25-35 stocks with a higher than average current yield and growing streams of income over time.
The objective of the Large Cap Dividend Growth strategy is to outperform its S&P 500 Index benchmark on a net of fees basis over a full market cycle and at lower levels of risk, as defined by standard deviation of returns.
Campbell Newman’s core investment philosophy is that earnings growth drives stock prices.
The Large Cap Dividend Growth strategy uses a company’s dividend policy as tangible evidence of management’s confidence in future earnings growth. Companies that increase their dividend year after year are providing investors with a strong signal about their business’ prospects and earnings visibility. Additionally, Campbell Newman believes the price paid for any asset is a major determinant of that investment’s expected return.
WHAT DIFFERENTIATES LARGE CAP DIVIDEND GROWTH
DISCIPLINE: Strict quantitative screening, dividend and valuation parameters along with hard-wired sell rules
JUDGEMENT: Proprietary bottom-up research/stock selection process; portfolio managers also serve as analysts
RESULTS: Total return focus with upside participation and downside protection in a low turnover portfolio of carefully selected stocks