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Global Equity Income

Large cap global equity portfolio that offers above-average dividend income and defensive characteristics.

Strategy Description

In a global investment landscape that features scarcity of income yield in public equities, Global Equity Income aims to generate sustainable and above-average dividend income streams via investments in high quality global companies. 

The portfolio is composed of large-cap defensive equities with a heavy tilt towards defensive sectors such as Healthcare and Communication Services. As such, Global Equity Income features lower sensitivity (low beta) to the broad global equity indices and its low volatility profile enables strong downside protection. Non-U.S. equities account for 60% of the portfolio.

Portfolio construction is based on quantitative scoring of our global equity universe with a focus on Value, Quality, Safety, Payout, Technical and Sentiment metrics, as well as ESG traits. In particular, the Quality and Safety metrics ensure that stock selection is geared towards low-risk companies that exhibit high levels of profitability and low financial leverage.

This strategy can also be accessed in a Europe ExposureHong Kong ExposureJapan ExposureUS Exposure and a UK Exposure

PrintFact Sheet

Portfolio Performance

Portfolio (%)42.594.92
Annualized ReturnStandard DeviationDividend Yield

Allocation Breakdown

Asset Class

Fixed Income0


North America18.11%
Greater Europe38.09%
Developed Asia25.18%
Emerging Asia18.61%
Central/Latin America0


Financials 18.73%
Consumer Discretionary
Real Estate4.75%
Consumer Staples 3.88%
Materials 7.92%

Top Holdings

Asset ClassWeight (%)
1. Daiwa House Industry Co Ltd4.73%
2. Tokio Marine Holdings Inc4.53%
3. PetroChina Co Ltd4.42%
4. Novartis AG4.19%
5. SoftBank Corp4.12%
6. GSK PLC3.97%
7. KDDI Corp3.96%
8. Rio Tinto PLC3.94%
9. BHP Group Ltd3.94%
10. Endesa SA3.89%