Dividends hold key to Fundamental Tracker Investment Management investment process

Fundamental Tracker Investment Management has constructed the Munro Fund based on the total return of the FTSE 350 index using forecast gross cash dividends.

Fundamental Tracker Investment Management constructs its tracker fund using measures other than price. While most tracker and index funds are based on the market capitalisation of each constituent company, managing director Rob Davis believes there is a more accurate measure.

The Munro Fund managed by the company delivers the total return of the FTSE 350 index by creating a tracker fund using forecast gross cash dividends.

By creating a portfolio that maximises dividend income, the fund, launched