M&G Global Dividend

Introduction to the fund

This is a dividend growth strategy, which is not constrained by a yield target. Stuart avoids the highest yielders and buys companies which are growing their dividend every year. This fund is quite different from its peers because Stuart is not afraid to have some commodity exposure. A portion of the fund is also invested in rapid growth businesses, which may have small starting dividends, but are growing quickly. We like the fund’s focus on dividend growth and its willingness to venture away from the most obvious income stocks in search of a better return. This fund has delivered admirably on its goal of growing its distribution, and the resulting total return since launch has been excellent.

Fund manager

Stuart Rhodes, John Weavers, Chris Youl

Stuart Rhodes joined the M&G dividend fund in 2004 as a global equity analyst, after graduating from Bath University with a degree in Business Administration. He has run the M&G Global Dividend fund since its launch in 2008. He is also a CFA charterholder. Stuart has two deputy managers – John Weavers, who manages a number of North American funds for M&G, and Chris Youl, who has 19 years of industry experience..

Opinion on fund

M&G Global Dividend offers welcome diversification for those investors concerned that they are over-reliant on the same few companies for their dividend yield. Stuart is supported by a strong team and a sound process to provide a diverse range of sources for his returns. Whilst typically not providing the highest yield, this fund offers a rising income stream and excellent total returns for investors.

Fund performance

Documents

Key facts

  • Fund size

    £2,528.5m

  • Chelsea rating

    Buy

  • Core Selection

    Yes

  • Chelsea Risk Rating

    7

  • AMC

    –

  • OCF

    0.66%

  • Unit Type

    Acc and Inc

  • Yield

    3.12%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
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Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.