How to pick dividend funds

[younginvestor]

Hey Guys,

I'm looking to take my money out of a current mutual fund RBC Canadian Dividend Fund that I've had my money in while I decide what funds to purchase.

How do you decide which funds to choose, and what weighting I should use to diversify into different sectors.

I've so far been looking at companies that I know of that have a history of year after year dividend increases. Ie Canadian Banks, Coca-Cola, Intel, Johnson & Johnson etc.

Just not sure how to determine which ones to choose... I'd love some direction

[Spudd]

One way is to look at the top holdings of mutual funds. For example, this page shows the top holdings for the fund you already own:
http://www.theglobeandmail.com/globe...=18182&cid=RBC Global Asset Management Inc.

Really, though, I would suggest reading a book on the topic.
http://canadianmoneyforum.com/showth...-New-Investors