IPO - GQG Partners Inc. - 26 October 2021 #, page-379

Hi @SP007
Quarterly rebalances are here:
https://www.marketindex.com.au/rebalance-announcements

December is the month for the ASX100 quarterly rebalance. I think some Index funds would be planning and buying in now. Others will wait until the announcement and build up slowly based on daily market volume averages.

Hi @ricky182
I think GQG has significant float supply (580M shares outside of major shareholders), but the level of good news coming up will definitely help push share demand up. The news of reaching FUM forecast 7 months early then increasing forecast profit based on this, getting into the ASX100 will all contribute to a steady increase as demand for shares increases. I would like to hear what is happening in the retail space for GQG too and whether they are making inroads into the Australian market.

I like Bill O'Neil's S in the CANSLIM model (S=Supply and Demand). Share price won't budge (Bill's words) on good news where shares on issue are 5 Billion or more. The maximum float of available shares is around the 150M mark. GQG has 580M, so good news will slowly appear in the share price as opposed to gap up significantly.

I think the Institutions on the register are invested for the long haul. So this is likely to reduce supply of shares when demand increases (higher share price should entail). Will be interesting to see how the share price responds.

One last thing, I try to predict the FUM announcement for the quarter and month, so keen to hear thoughts on this and feedback. GQG has a distribution agreement with Goldman Sachs and other platforms. There is currently $33B of GQG's FUM on this platform and it is currently indicating trend growth of 6.42% for a bit over a month (I know the timeline isn't perfect):

The source of the data is from MarketWatch.

This will have a positive impact too. The funds above are reflective of GQG's overall portfolio strategy.

Best of Luck
Lost