MEDIA RELEASE: GQG Partners has launched the GQG Partners Global Quality Dividend Income Fund in Australia, securing an initial research rating of ‘Recommended’ from Zenith Investment Partners.

The Fund invests in high quality companies, located anywhere in the world, that GQG Partners believes can sustain long term earnings growth and are available at a reasonable price. It has a particular focus on long term capital appreciation and dividend income and is suited to investors with a five year plus time horizon. The objective of the Fund is to provide a rate of return (after fees and expenses and before taxes) which exceeds the return of the MSCI ACWI High Dividend Yield ex Tobacco AUD.

Rajiv Jain, chairman and CIO of GQG Partners, says, “We look for companies with a strong financial position, capable management, and promising growth opportunities, as we believe these businesses are most likely to enjoy sustained earnings growth over time. Our approach involves an in-depth analysis of company’s financial statements, economic health, competitors, and the markets that it serves.

“We believe our focus on quality companies positions us to manage downside risk during periods of market volatility.”

Laird Abernethy, GQG Partners managing director Australia and New Zealand, says the strategy has been designed to complement existing Australian income focused portfolios.

“We believe a global income strategy that’s derived from GQG Partners’ strong focus on quality will be an attractive option for Australian investors. Our aim with this strategy is to bring better downside protection and potential total return to existing income focused portfolios.”

In its report, Zenith said: “Zenith believes the team's collective experience and unique structure is a key point of difference relative to peers. Overall, we view Jain as an impressive and insightful investor whose oversight is critical to the overall success of the Fund and the broader business.”

It also stated: “Although the strategy has a relatively limited track record, Zenith's conviction in the Fund is underpinned by our high opinion of GQG's key investment personnel, particularly Rajiv Jain, who has an impressive long-term investment track record within global equities. Zenith holds GQG's investment capabilities in high regard and believes the Fund is well positioned to achieve its investment objectives over the long term.”

The minimum initial investment amount for the Fund is $25,000, and minimum additional investment are $5,000.