210. Using dividends in the fight against inflation

Ben Peters, co-manager of the TB Evenlode Global Income fund, discusses inflation and says that while very little can be done to help in the short term, in the long-term, equities – and in particular companies that can generate a sustainable dividend – are not a bad place to be. Ben tells us about a recent trip to the US and meetings with the management of Mastercard and Analog Devices. He then reveals whether supply chain issues are improving, before discussing the immediate outlook for markets and the type of companies he hopes will see the fund through a difficult period.What's covered in this episode: How companies that generate dividends can help investors combat inflationWhich sectors of the global economy have been impacted most by cost increasesThe companies the team met on a visit to the USWhat the team learned about Mastercard’s businessWhy the team is watching a business called Analog DevicesHow asset-light businesses can give protection against inflationWhat companies are saying about supply chain issuesWhy companies are using cash flow to secure prices and suppliesThe reason why the fund is invested in just 33 companies todayThe manager’s outlook for marketsThe fund’s approach to net zeroWhy infrastructure is key to renewable energy storyMore about this fund: TB Evenlode Global Income fund invests in companies from all over the world. Managers Ben Peters and Chris Elliott aim to balance the income received today with future dividend growth and take a long-term approach, focusing on quality, cash-generative businesses. They define quality companies as those with three characteristics: asset-light business models; high barriers to entry which can’t be disrupted easily; and finally, their customers’ decision to buy their product or service should not be determined completely by price.Learn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.Learn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.