NVO - VIGI: Blue Chip International Growth
2024-04-24 09:42:09 ET
Summary
- Vanguard International Dividend Appreciation Index Fund is a blue-chip portfolio on non-US stocks.
- VIGI offers a potential total return upside of 13% on EPS growth of 8% valued at 17x PE or 2x PEG.
- VIGI tracks the S&P Non-US Dividend Growers Index, which requires 7 years of consecutive dividend increases that provide broad diversification across sectors and countries.
- The dividend appreciation strategy is a key filter in identifying consistent growth stocks at reasonable prices.
Summary
With the large-cap US market close to fair valuation, many investors may be looking to other developed or emerging markets for value and opportunity. Europe has its own magnificent seven, albeit with a far less technology focus and Japan is experiencing a renaissance while India continues to be the fastest growth market and China is still a big question mark....
VIGI: Blue Chip International Growth