Insync’s CIO, Monik Kotecha, sees Pet Humanisation delivering excess growth and profits in the long term to firms that are well positioned as suppliers to it.
“Pet Humanisation is not new, and as such it is not a fad. This Megatrend will will accelerate over the next decade on the back of changing demographics and consumer spending patterns” says Monik.
What really gives us confidence about the future sustainable growth rate is the Gen Z'ers. They will be the largest contributor to global retail expenditure over the coming decades.
See Insync’s background on Pet Humanisation Megatrend:
Disclaimer Equity Trustees Limited (“EQT”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Insync Global Quality Fund and the Insync Global Capital Aware Fund. EQT is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). This information has been prepared by Insync Funds Management Pty Ltd (ABN 29 125 092 677, AFSL 322891) (“Insync”), to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Insync, EQT nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.