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.