There are always opportunities for Aussies to buy appealing ASX shares, we just need to focus on the right areas.
I’d focus on growing businesses that seem to be trading at valuations that are too cheap.
One of the ones I’ll talk about is an impressive but little known US business. The other investment on the ASX I’ll focus on is an exchange-traded fund (ETF) that aims to invest in excellent good value businesses.
GQG Partners Inc (ASX: GQG)
GQG may be primarily based in the US, but it also has clients in places like Europe, Australia, Singapore, the UK and so on.
The business continues to deliver pleasing operational growth. As of 31 May 2025, the business has seen a total of US$7.4 billion of net inflows, which is a strong support for earnings.
In 2024, GQG reported revenue growth of 46.9% to US$760.4 million, net operating profit growth of 50.4% to US$577.9 million and earnings per share growth (EPS) growth of 52.3%.
At the end of December 2024, it had US$153 billion of funds under management. Since then (as of May 2025), FUM has grown to US$168.5 billion, a rise of another 10%.
I don’t think the market is pricing the ASX share high enough for how much its FUM could continue to rise thanks to investment performance and net inflows. The company’s major funds have all outperformed their benchmarks over the long-term.
As a bonus, I’m expecting significant dividend income from this business for the foreseeable future.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
In my eyes, this is one of the best exchange-traded funds (ETFs) that Aussies can buy.
It aims to target businesses listed in the US (but are typically global companies) that have strong economic moats. In other words, these companies have competitive advantages that allow them to generate strong profits.
Competitive advantages can come in various forms such as cost advantages, brands, patents, network effects and various others.
The MOAT ETF only decides to invest in these special companies when they’re attractively priced to what Morningstar thinks is a fair price.
Some of the businesses in the portfolio include Estee Lauder, Huntington Ingalls Industries, Applied Materials, Boeing, Nike and Walt Disney.
I wouldn’t bet on future returns to be as good as the past, but the fund has returned an average of 15% per year over the last decade, demonstrating its quality. I’d definitely want to have this ETF in a portfolio of ASX share.
