The Confidence Quotient is a measure of company quality, a measure of our conviction in a sustainable growth estimate, a language for use in debate and discussion with portfolio managers, and a driver of discipline and rigor in our investment process.
The Fundamental Growth & Core Equity (FGC) team at State Street Global Advisors takes an active, concentrated, high-conviction approach to equity investing. Investing like owners, not like traders, we seek to hold our companies for the long term. This approach demands that we get to know our portfolio companies well through deep due diligence and ongoing engagement. Our investment philosophy is based on the premise that identifying quality companies with sustainable growth at reasonable valuations can drive above-average, long-term investment returns.
A critical element of our proprietary investment process is our Confidence Quotient (CQ) framework for assessing company quality. We believe company quality cannot easily be measured through backward-looking quantitative analysis, and in this respect our approach differs from those used by smart-beta/index providers. CQ focuses on five key qualitative attributes of a company that are likely to contribute to sustainable growth: management team, market position, fundamental momentum, transparency, and financial condition. In addition, ESG considerations are incorporated into all quality assessments, based on our belief that companies that are strong in ESG are more likely to deliver the sustainable growth we seek. ESG considerations are therefore integral to the FGC alpha thesis and are not merely an overlay in the process.
This website is intended for persons resident in Australia. State Street Global Advisors, Australia Services Limited ABN 16 108 671 441, AFSL Number 274900 ("SSGA, ASL") is the product issuer. State Street Global Advisors, Australia, Limited (AFSL Number 238276, ABN 42 003 914 225) (“SSGA Australia”) is the Investment Manager. The material on this website is general information only and does not take into account your individual objectives, financial situation or needs.
You should seek professional advice and consider the Product Disclosure Statement (PDS) and target market determination, available at www.ssga.com, before deciding whether to acquire or continue to hold units in the Funds.
You can access our PDS online or by calling us. The offer made in our PDS is available to persons receiving the PDS within Australia and applications from outside Australia will not be accepted. Past performance is not a reliable indicator of future performance. Investing entails risks and there can be no assurance that State Street Global Advisors will achieve profits or avoid incurring losses.
Investing involves risk including the risk of loss of principal. This material should not be considered a solicitation to apply for interests in the Funds and investors should obtain independent financial and other professional advice before making investment decisions. There is no representation or warranty as to the currency or accuracy of, nor liability for, decisions based on such information. Performance quoted represents past performance, which is not a reliable indicator of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.