Investment Strategy
The Berenberg Global Dividend Champions fund pursues a global bottom-up approach with a focus on quality stocks that are characterized by healthy earnings growth and solid balance sheets. This forms the basis for stable distributions with above average dividend growth. The fund is suitable for investors who would like regular distributions and wish to participate in growth opportunities on the stock market.
- Investment in global dividend stocks across company size
- Attractive, growing distributions with a focus on quality, a long dividend history, and stability
- Diversified portfolio of approximately 55-75 stocks
- Long-term investment horizon with low portfolio turnover
Fund data
| ISIN | DE000A415069 |
|---|---|
| WKN | A41506 |
| Inception date | 07.07.2025 |
| Issue price (16.02.2026) | 109.11 EUR |
| Redemption price (16.02.2026) | 109.11 EUR |
| Fund volume | 25.40 Mio. EUR |
| Share class volume | 20.42 Mio. EUR |
| Currency Fund / Share Class | EUR / EUR |
| Minimum investment | 500,000.00 EUR |
| Asset Manager | Joh. Berenberg, Gossler & Co. KG |
| Management company | Universal-Investment-Gesellschaft mbH |
| Custodian | BNP Paribas S.A. Niederlassung Deutschland |
| Use of income | Distributing |
| End of financial year | 31.12. |
| Registration and Distribution | DE, AT, CH |
| SFDR Classification (Sustainable Finance Disclosure Regulation) | Article 8 |
Costs
| Issue surcharge | none |
|---|---|
| Flat-rate fee p.a. | 0.85% |
| Total Expense Ratio (TER) p.a. | 0.95% |
| Performance fee | none |
Chances and risks
| Chances | Risks |
|---|---|
| High potential returns from equities in the long term. | Fluctuations in value and price losses from stocks and the potential use of derivatives are possible – both overall and in individual stock market years. |
| Growth stocks, small caps, and specific sectors, countries, or market segments may outperform the market in certain phases. | Growth stocks, small caps, and specific sectors, countries, or market segments may underperform during certain periods. |
| Improvement of the risk/return profile through individual stock analysis and active management. | There is no guarantee of success for individual stock analysis and active management. |
| Stabilization of assets in negative capital market phases through professional risk management and intelligent diversification. | Investments and transactions in foreign currencies are subject to exchange rate risks. |
| Potential additional income through dividends. |
Further details on the opportunities and risks of this fund can be found in the sales prospectus.
Currencies
Sectors
Countries
Asset classes
Top Holdings
Monthly market comment
The equity market started the year on a predominantly positive note, driven by optimism at the beginning of the year, although individual sectors fluctuated. In this environment, the Berenberg Global Dividend Champions underperformed its benchmark in the reporting month. Performance was significantly influenced by individual stock developments. Positive contributions came in particular from positions in Texas Instruments Inc., which benefited from an expected recovery in the industrial segment, as well as TotalEnergies SE and Exxon Mobil Corp., both driven by rising oil prices and political uncertainty. Conversely, performance was weighed down by Abbott Laboratories due to a conservative growth outlook, UnitedHealth Group Inc. following disappointing news on reimbursement rates, and SAP SE as a result of a sharp sell-off after its quarterly results.
Portfolio Management
Bernd Deeken
Bernd Deeken has been a Portfolio Manager at Berenberg since April 2011. Within the Equity Fund Management, he oversees funds and special mandates with a focus on sustainability. Previously, he worked in asset management in the area of multi-asset mandates. After his dual studies at the Berufsakademie für Bankwirtschaft in Hannover (including a bank schooling), he completed his Masters in Banking and Finance in Zurich and Aberdeen. He is a Chartered Alternative Investment Analyst (CAIA) and is a CFA Charterholder.
Marco Solleder
Marco Solleder has been a Portfolio Manager at Berenberg since January 2024. Previously, he completed the Berenberg International Graduate Program with assignments in Asset Management, Wealth Management and Corporate Banking. He holds a Bachelor of Science in Business Administration from the University of Regensburg and a Master of Finance from the Frankfurt School of Finance and Management with a stay abroad in Lisbon. Marco Solleder is a CFA Charterholder.
CO₂-Intensity
The fund does not actively manage its carbon footprint, however, emissions data such as CO2 intensity are relevant parameters which can be used to assess the efficient management of a company and the extent of transition risks.
ESG Score
The data provider MSCI ESG uses an ESG score of 0 to 10 to assess the management of material ESG risks of portfolio holdings compared to competitors.
ESG Controversies Screen
Investments in the fund are monitored for ESG controversies and, with the help of MSCI ESG data, flagged according their severity. Thereby, potential ESG risks of investments are identified. In the case of an orange flag (severe controversy), we enter into an active exchange with the company. In the case of a red flag (very severe controversy), the company is excluded.