Dividend Stocks Could Be Dangerous in 2015, Ketterer Says

At a time when U.S. stocks are beating the rest of the world, Sarah Ketterer mostly invests overseas. And at a time when index funds and exchange-traded funds (ETFs) are ascendant, she invests the old-fashioned way: She scouts for well-run companies and buys them when they look cheap.

So far that approach is paying off for the 54-year-old chief executive officer and fund manager at Causeway Capital Management. Ketterer's largest fund, the $6.3-billion Causeway International Value Fund (CIVIX), beat its peers by an annualized 3 percent over the last three and five years, according to Morningstar.