GQG 0.20% $2.50 gqg partners inc.

GQG lowers fees + performance update

  1. 307 Posts.
    lightbulb Created with Sketch. 242
    Another fee reduction for 3 of their Mutual funds (Dividend growth), 2 US and 1 Australia.

    https://hotcopper.com.au/data/attachments/5503/5503486-b4f37895d427b14139830ff02bd4a616.jpg
    Probably won't affect too much as I'm sure if it was price sensitive they would have made an ASX announcement but thought it was worth a mention. They've done it couple times in the past as well, ahead of the cost curve and outperformance will leads to continued positive flows.

    One thing these announcements do is force PM's to consider the fees of other funds they're in and obviously GQG's interest is looking after unit holders just as much as shareholders which is healthy and something other traditional FM's don't do enough as they scale.

    From https://gqgpartners.com/insights/in-the-news 'GQG Lowers Fees on Three Dividend Income Funds'



    https://hotcopper.com.au/data/attachments/5503/5503492-f890f4b17c19063e6897d9610a121fa2.jpg
    Global

    https://hotcopper.com.au/data/attachments/5503/5503495-2280fef35662b9e8ca8c076869d9c138.jpg
    https://hotcopper.com.au/data/attachments/5503/5503497-9391986a29df5258921e2b61c94a55ab.jpg
    Emerging
    https://hotcopper.com.au/data/attachments/5503/5503500-fbd0c314f666e053f2ae999708fbc5af.jpg

    Cheers,
    Plague.
 
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