GQG funds have outperformed their categories in the last week significantly. GQG adopt strategies to protect downside and this helps them outperform in volatile markets. They report lower standard deviation (measuring volatility as proxy for risk) and they stand out possessing a LT track record, low volatility and downside risk management. (See slice on distribution in the Dec update)
I was interested to see how this structural advantage proved itself this week ....and wow.
Stunning +2.16% outperformance for one week. 1 month performance at end of March was an average of +1.20%. 1 month performance on 4 April was an average of +3.36%.
I will post the fund summaries if anyone wants to check.
Conclusion (not investment advice): 1. So far GQG showing excess returns in tough markets. Returns are #1 consideration for potential clients. 2. If GQG continue to outperform this should underpin continued flows and new products. 3. This is a great business with aligned leadership. 4. I think the stock should be trading much higher than it is. I will buy more.
GQG Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
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