GQG launches dividend income fund
GQG Partners has launched a Global Quality Dividend Income fund in Australia with a focus on long-term capital appreciation and dividend income.
The fund would invest in high-quality global companies which the firm believed could sustain long-term earnings growth and were available at a reasonable price. This would help the ufnd to manage downside risk during periods of market volatility.
Best suited to investors with a five-year time horizon, it would focus on long-term capital appreciation, dividend income and outperforming the MSCI ACWI High Dividend Yield ex Tobacco index.
Rajiv Jain, chairman and chief investment officer of GQG Partners, said: “We look for companies with a strong financial position, capable management, and promising growth opportunities, as 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”.
Laird Abernethy, GQG Partners managing director Australia and New Zealand, said: “We believe a global income strategy that’s derived from GQG Partners’ strong focus on quality will be an attractive option for Australian investors. Our aim with this strategy is to bring better downside protection and potential total return to existing income focused portfolios”.
This was the third managed fund available for Australian investors, joining the Global Equity fund and Emerging Markets Equity fund.
AUTHOR
Laura Dew
Recommended for you
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
