This is a good point to reassess and work through whether an investor believes growth will continue at current trajectory. Fund performance of growth at 36+% for the last year for Global Equity and 35+% Emerging Markets (Net of fees) will attract further FUM.
It will be a challenge to grow at a similar rate this coming year, however if anyone can it will be GQG. Growing at circa 30% will mean circa $USD200B in FUM.
For me, yes it will continue and is very much a hold for longer term. May fall backwards a bit from here rotating out of tech stocks into staples, but the best investor to assess this is Rajiv.
Believe GQG’s global distribution footprint is unique amongst any Global Fund Manager and FUM inflow will continue at a good pace. This ensures the Addressable Market is relatively untapped for GQG and is still capable of high growth in FUM inflow.
These factors all contribute to a positive outlook and worth the continued hold - if not further accumulation.
Best of Luck Lost
GQG Price at posting:
$3.00 Sentiment: Buy Disclosure: Held
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