Interesting to compare the 5 year performance of the global fund for GQG, Platinum, Magellan and Antipodes : . Magellan global fund 5 Y (p.a.) : + 7.2 % vs + 9.2 % for its index, . Platinum international fund 5 Y (p.a.) : + 4.6 % vs + 8.3 % for its index, . Antipodes global fund 5 Y (p.a.) : + 4.8 % vs + 8.3 % for its index, . GQG Partners Global Equity Fund, Class A, 5 Y (p.a.) : + 14.3 % vs + 8.4 % for its index.
No surprise that the first 3 companies struggle to get net inflows given their poor performances.
During H1 FY 23, also interesting to note that : - the rebound of the stock market has not meant the return of net inflows (cf Pinnacle net ouflow of 1.5 bn), - even much better performance for Platinum main fund (Platinum International Fund has outperformed by 15 ppt on 1 year) has not been able to stop its regular net outflows.
GQG Price at posting:
$1.55 Sentiment: None Disclosure: Not Held
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