GQG Partners has announced the launch of their Global Quality Dividend Income Fund in Australia.
The fund will have a long-term objective of capital appreciation and dividend income, and is suited to investors with time horizons of five years or more.
Rajiv Jain, chairman and CIO of GQG Partners, said that they will be looking for companies with “a strong financial position, capable management, and promising growth opportunities”.
“We believe these businesses are most likely to enjoy sustained earnings growth over time. Our approach involves an in-depth analysis of company’s financial statements, economic health, competitors, and the markets that it serves,” he said.
GQG’s specific criteria for companies — which can be based anywhere in the world — is expected to help more effectively manage downside risk during periods of market unpredictability.
According to Laird Abernethy, GQG Partners managing director Australia and New Zealand, a global income strategy that’s “derived from GQG Partners’ strong focus on quality” will be an attractive option for Australian investors.
He said the strategy will “bring better downside protection and potential total return to existing income-focused portfolios.”
The fund secured an initial research rating of “recommended” from Zenith Investment Partners. The research and investment consultancy said that GQG’s collective experience and unique structure makes them stand out amongst their competition.
“Zenith holds GQG’s investment capabilities in high regard and believes the fund is well positioned to achieve its investment objectives over the long term,” they said in a report.
Last month, the investment boutique reported positive net inflows of US$6.3 billion for 1H2022.
According to GQG Partners, a combination of positive results and earlier growth periods in funds under management had resulted in a net revenue of US$222.7 million in the first half — a growth of 21.3 per cent.
The firm’s outperformance within an environment that saw continued outflows and overall negative market returns was credited to long-term investment outcomes, said at the time.
Also commenting on the inflows, GQG Partners CEO, Tim Carver, said that continued business success, much like the past half, will be underpinned by long-term performance in investment strategies.
