Fund Manager Details Strategy for $59 Billion Dividend Fund

Ramona Persaud, a fund manager, detailed her investment strategy for a fund overseeing $59 billion in assets, including the Fidelity U.S. Dividend Fund for Canadian investors. The strategy focuses on combining high-quality stocks with lower valuation and providing income. Persaud noted that diversification is crucial due to increased market sensitivity to headlines regarding tariffs or war.

The fund has successfully outperformed the S&P 500 Dividend Aristocrats Total Return Index in Canadian dollars since Persaud took over in 2017. Her approach involves analyzing companies like Starbucks and Rolls Royce Holdings, and owning pairs of similar companies to achieve excess returns.