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Where global funds find their income

Meta's first dividend brings an interesting dilemma for global income funds, that have sometimes avoided the booming US market
February 7, 2024
  • With another tech major becoming a dividend payer, we look at where big income funds tend to focus
  • Allocations to Europe are increasingly in vogue

The decision to pay a dividend for the first time is a milestone for any company, but not without unease in some cases. So it looks with Meta (US:META), which might win over some investors by initiating a payout while also prompting questions about its use of capital at a time of major investment into the artificial intelligence trend.

Meta's choice has implications for a number of funds, including Fundsmith Equity (GB00B4Q5X527)Scottish Mortgage (SMT) and Blue Whale Growth (GB00BD6PG563).

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