The exchange-traded fund Montrose Global Monthly Dividend traded today at SEK 100. I looked at its performance and chose a period of 1 year. While a cheap global index fund in the form of Avanza Global returned 19.49 percent, the total return in the Montrose fund was 18.06 percent.
This is a very strong period where the index has returned 19.5 percent. Historically, the global index has returned approximately 7 percent per year in Swedish kronor measured over the very long term.
I think that Montrose Global Monthly Dividend has performed 18.06 percent in such a strong period is clearly acceptable. The fund uses Covered Calls, which limits the upside potential while providing a guaranteed income. Simply put, such a strategy performs better than the index in a downward and sideways market, but worse than the index in an upward market. Over time, the market goes up the most, so a fund like this is expected to give a slightly lower total return than the index.
For me, this kind of strategy is a great fit. I’m happy to take a small limitation on the upside for a small cushion on the downside plus a reliable high dividend. It’s a special approach though and you should have a good reason to choose one. For someone who just wants to build the largest possible capital in the long term, this is not an optimal choice.
Montrose Global Monthly Dividend has approximately SEK 2.7 billion in assets under management as of August 10, 2026. I can imagine that the fund company is quite happy with that. It’s a good start for a fund like this in small Sweden.
I invested in it roughly 1 year back and quite happy with its progress. Looking forward to increase my position as it goes.
