The election of Donald Trump as the new President of the United States caused considerable turmoil on European stock markets. His statements about imposing new import tariffs on products from European manufacturers, in particular, led to stock price declines, especially among exporting companies. Additionally, several of our portfolio companies reported disappointing quarterly earnings. Following four consecutive quarters of positive returns, our investments took a breather in the last quarter of 2024. As a result, the share price of the Sustainable Dividends Value Fund fell by 4.1% in this final quarter. However, for the full year 2024, the fund achieved a return of 5.2% on our European dividend stocks. Since its inception in 2016, the fund’s cumulative return now stands at over 65%.
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The fund
Sustainable Dividends offers an investment fund that invests in a well-diversified portfolio of European companies at the forefront of the sustainability transition. Our focus is on a disciplined investment process, while applying both qualitative and quantitative financial criteria.