6. Quest For Growth Belgium

Quest For Growth is an actively managed investment fund which invests mostly in growth companies with the focus on realizing capital gains.

Current Enterprise Value amounts -19,62 Million spread on 15,16 Million shares.

The interesting thing about QFG is that their focus is on paying out dividends. Due to their company structure, they don’t have to pay tax on dividends.

At least 70% is invested in quoted companies and at least 25% is invested in unquoted companies. The remaining percentage is invested in VC funds. The criteria for company selection is financial strength, growth prospects, management strength, market position, and valuation.

Bildschirmfoto 2018-03-31 um 12.46.59Bildschirmfoto 2018-03-31 um 12.47.28Snapshot of owned companies taken from the Annual Report

 

Most of all companies got a small or mid-sized market capitalisation in Europe, mostly Germany and Belgium.

The payout ratio of the dividend this year was 99,18% which amounts 1,52€.

Valuations:

Bildschirmfoto 2018-09-29 um 20.39.46

For clearer understanding please make sure to read the Strategy section.

 

Disclaimer:  This blog is for informational purposes only. Everything on this blog represents my personal opinions or the personal opinions of others and should not be construed as financial advice. Talk to a professional if you need specific financial advice.
Shadow Valley Investing will not be liable for any false, inaccurate, inappropriate or incomplete information presented on the website.
Please read through the whole disclaimer section.

 

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