Beutel Goodman Global Dividend Fund
Beutel Goodman Global Dividend Fund seeks long-term capital appreciation by investing primarily in dividend-paying, mid-to large-cap global developed-market stocks. Maximum single-holding, regional and sector weights are set to provide diversification. The portfolio is built using bottom-up, fundamental research to seek to invest in quality companies with stable, growing businesses and strong balance sheets at discounts to their business value. We believe this focus can provide a margin of safety and help mitigate the potential of capital loss. Our approach includes a process-driven sell discipline, with a one-third sale of securities that exceed the upside target we have set and a secondary review for stocks that exceed their downside targets.
all data as at 30 June 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.74 | -0.03 | 6.60 | 8.05 | 10.61 | 8.37 | 6.69 | 3.57 | 7.96 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 11.71 | 6.29 | 0.34 | 7.47 | 4.01 | 17.52 | -7.47 | 16.80 | 8.12 | 12.13 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 30 June 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.82 | 0.19 | 7.59 | 9.05 | 11.65 | 9.38 | 7.69 | 4.05 | 8.99 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 12.74 | 7.28 | 1.30 | 8.44 | 4.99 | 18.66 | -6.59 | 17.86 | 9.13 | 13.21 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 31 May 2025
| Company | % |
|---|---|
| IMI | 5.9 |
| Konecranes | 5.7 |
| Carlsberg | 5.2 |
| Atea | 5.1 |
| Michelin | 4.8 |
| Roche Holdings | 4.6 |
| GSK | 4.5 |
| TGS ASA | 4.4 |
| Comcast CL A | 4.1 |
| KPN | 4.0 |
Documents
| Fund Facts, Beutel Goodman Global Dividend Fund, Class B |
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| Fund Facts, Beutel Goodman Global Dividend Fund, Class F |
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| Quarterly Portfolio Disclosure |
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| Annual Distributions |
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