Fund in Focus: QV Equities Limited (ASX: QVE)
As much as 62% of the total market cap of the ASX300 comes from the top 20 companies alone. Stocks outside the top 20, which have market caps of $15 billion or less, can still be leaders in their field and have distinct competitive advantages over their larger peers. These stocks can also enjoy strong, recurring and predictable earnings and offer investors greater opportunities for above-market returns.
QV Equities Limited (ASX:QVE) provides a unique opportunity to invest in a quality portfolio of the stocks outside of the top 20. By holding these ex-20 companies, we aim to achieve long-term value via a combination of capital growth and income.
In the below Fund in Focus, we discuss our views on the current economic environment, how our philosophy has been designed to navigate these conditions, and outline five highly undervalued companies.
Want more income from your share investments?
Get more information on QV Equities by hitting the contact button below. Simon will be discussing QVE and income investing at IML’s upcoming investor events. To find out more, click here
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Simon Conn has been a member of IML’s investment team since the company was founded in 1998. Simon specialises in small and mid-caps. He is the lead portfolio manager for the IML Future Leaders, IML Australian Smaller Companies and the IML Small...