There are plenty of wonderful opportunities for investors to buy. I’ve got my eyes on a few great ASX shares that look oversold.
The market has gone through a sizeable dip following the market’s uncertainty about US and reciprocal tariffs.
I don’t know if the market is going to go up or down this week – it could depend on what the Trump administration does next. But, I can see that there are excellent investments that are very attractively priced.
GQG Partners Inc (ASX: GQG)
A fund manager may be particularly vulnerable to a market sell-off because investors realise a fall of funds under management (FUM) usually means a reduction of revenue and profit for the fund manager.
At the time of writing, GQG shares are down 14% since 17 February 2025.
I think GQG has the potential to reverse that share price decline (and more) in the year ahead. Its core investment funds have outperformed their benchmarks over the long-term, which shows the capabilities of the investment team.
It’s still experiencing net inflows, which is very positive as it shows clients think GQG can continue outperforming. It helps that it charges low management fees and very little performance fees.
In February 2025, the fund manager saw net inflows of $1.1 billion. As long as the ASX share continues seeing net inflows, I think its investment performance will help continue driving FUM and profit higher.
Using CMC Markets estimates, GQG’s dividend yield could be just over 10% in FY25.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
This looks like one of the most appealing exchange-traded funds (ETFs).
It is a fund which owns US stocks which are judged by analysts as having excellent competitive advantages that allow them to make high levels of profit. Those advantages are predicted to continue for many years, suggesting the companies are expected to make impressive profits for a long time.
The MOAT ETF is invested in businesses like Boeing, Walt Disney, Alphabet (Google), Adobe and Salesforce.
There’s an additional layer that helps it deliver good returns – the analysts only decide to pounce on targets companies trading at attractive prices relative to Morningstar’s estimate of fair value.
I think this investment represents great businesses at great prices. That’s why this ETF (which I’m including as an ASX share) looks like a good buy to me after its 7.6% decline since 31 January 2025.
