GQG Partners up $US73 Billion in FUM now, page-17

Thanks for your comments, Lost. I increased my weighting in PAC earlier this year, so my average entry price is a few points above the current price. Regret not waiting until after results to buy in as 5.30 ish is outstanding value, however it’s a long term position and I’m confident that the company is well positioned to capitalise on US recovery and well managed. At some point I expect that the market will catch on. Until then, healthy franked dividends are always a great consolation prize. Even at my entry price, P/E of approx 12 is hard to replicate.