GQG Partners launches new dividend income fund

By Penny Pryor

GQG Partners has launched the GQG Partners Global Quality Dividend Income Fund in Australia, which invests in global companies it believes can sustain long-term earnings growth and that have a focus on dividend income.

"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," Rajiv Jain, chairman and CIO of GQG Partners, said.

"Our approach involves an in-depth analysis of a 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."

The fund aims to provide a rate of return (after fees and expenses and before taxes) in excess of the MSCI ACWI High Dividend Yield ex Tobacco AUD.

GQG Partners managing director Australia and New Zealand, Laird Abernethy, said the strategy aimed to offer better downside protection and potential total return to income focused portfolios.

The fund has been given a research rating of 'Recommended' from Zenith Investment Partners and has a minimum initial investment amount of $25,000.