The one thing Rajiv knows is that FUM on GQG platform has always grown quicker coming out of economic corrections than other funds. It has been this way since he set up the GQG business.
The unique selling proposition for GQG funds is they outperform in falling markets and the beginning of rising markets. This typically leads to increased FUM allocation from customers during these periods. Back in 2020 FUM allocation for post March 2020 quarter was $12B+, at the time this was over 10% increase. Rajiv betting similar will happen again after current sour market sentiment turns.
GQG Price at posting:
$2.19 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)