NEI Ethical Global Dividend

Posted by on Apr 20, 2014 in Mutual Fund Updates | 0 comments

This go anywhere fund managed by KC Parker of Beutel Goodman looks for high quality, profitable companies that generate high levels of free cash flow that is either reinvested back into the business, or returned to shareholders through share buybacks or a dividends. Ethical is a very active shareholder and encourages companies to improve their environmental, social and governance practices through dialogue, shareholder resolutions and proxy voting. They are not afraid to take action if a company does not want to play ball. My biggest concern with this fund is its volatility, which has been above the benchmark and the category average. For investors who can stomach the higher volatility, this is a great fund to consider.

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