Marriott's focus on quality shares with growing dividends has put its Dividend Growth Fund at the top of the local equity fund performance log again - this time over the 10-year period. Its staid investment strategy of buying stable blue-chips that deliver reliable and growing dividends means it may not always be the fund that shoots the lights out. However, its consistent solid returns bring it to the top of the South African domestic equity subcategory performance tables from time to time, especially during difficult periods for the equity market. Over the 10 years to the end of December, the fund showed an average return of 13.28% a year, making it the second-best performer after boutique fund manager Walter Aylett's Aylett Equity Prescient Fund, which returned an average 14.09% a year, according to Morningstar data. Over the 15-year period to the end of December, another fund with a dividend focus, the Prudential Dividend Maximiser fund, is ranked sixth with an annual average re...

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