Managed Funds Australia

GQG Partners
Global Equity Fund

Investment Objective

The GQG Partners Global Equity Fund aims to seek long-term capital appreciation by investing directly or indirectly in equity securities and equity-linked securities anywhere in the world that GQG Partners believes can sustain long-term earnings growth and are available at a reasonable price. The objective of the Fund is to provide a rate of return (after fees and expenses and before taxes) which exceeds the return of the MSCI ACWI ex Tobacco (AUD).

Strategy Overview

The GQG Partners Global Equity Fund is a managed fund available to wholesale clients domiciled in Australia and wholesale investors domiciled in New Zealand. The Fund seeks to invest in high-quality companies with attractively priced future growth prospects in both developed and emerging markets. GQG Partners’ fundamental investment process evaluates each business based on financial strength, sustainability of earnings growth, and quality of management. The Fund seeks to limit downside risk whilst providing attractive returns to long-term investors over a full market cycle.

The fund is benchmarked against the
MSCI ACWI ex Tobacco Index.
MSCI ACWI ex Tobacco Index.
MSCI ACWI ex Tobacco 100% Hedged to AUD Index.
Fund Assets
A$1.2bn
As at 31 Jul 2022
YTD Return
0.50%
As at 31 Jul 2022
Inception Date
2-Jun-17
APIR
ETL7377AU
ARSN
616 385 838
Fund Assets
A$1.2bn
As at 31 Jul 2022
YTD Return
0.65%
As at 31 Jul 2022
Inception Date
1-May-20
APIR
ETL2869AU
ARSN
616 385 838
Fund Assets
A$113.4mm
As at 31 Jul 2022
YTD Return
-2.09%
As at 31 Jul 2022
Inception Date
31-Jul-20
APIR
ETL0666AU
ARSN
616 385 838

Performance

As at 31 Jul 2022
1MO
3MO
YTD
1 YR
3 YR
5 YR
10 YR
SINCE
(02-Jun-2017)
Investment Performance % (AUD)1MO3MOYTD1 YR3 YR5 YR10 YR SINCE
(02-Jun-2017)
Share Class A (Fund)1.76-0.960.505.2212.3315.49-14.21
MSCI ACWI ex Tobacco Index5.49-0.09-11.13-5.798.1010.92-9.51

Fund Expense %
Management fee* 0.75

The performance data quoted represents past performance. Past performance is not a reliable indicator of future performance. Returns greater than one year are annualized. Returns are presented net of fees and are based on end of month hard close redemption prices assuming the reinvestment of all distributions and capital gains. Net performance is calculated after the deduction of actual trading expenses and is net of taxes withheld on foreign dividends, interest and capital gains. Net performance deducts the stated management fee, which includes management and other administrative fees (custody, legal, admin, audit and organisation fees). Current Fund performance may be lower or higher than quoted performance. The investment return and principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less that their original cost. There can be no assurance that the Fund will achieve its investment objective. The performance data contained herein is calculated by a data provider whose calculation methodology may result in Fund performance that is lower or higher than the performance quoted in Fund reports

*The Management fee is inclusive of goods and services tax (GST) and any reduced input tax credit.

There are 100 basis points (bps) in 1%. One basis point is one one-hundredth of one per cent.

Performance

As at 31 Jul 2022
1MO
3MO
YTD
1 YR
3 YR
5 YR
10 YR
SINCE
(01-May-2020)
Investment Performance % (AUD)1MO3MOYTD1 YR3 YR5 YR10 YR SINCE
(01-May-2020)
Share Class Z (Fund)1.77-0.920.655.42---13.18
MSCI ACWI ex Tobacco Index5.49-0.09-11.13-5.798.1010.92-11.51

Fund Expense %
Management fee* 0.65

The performance data quoted represents past performance. Past performance is not a reliable indicator of future performance. Returns greater than one year are annualized. Returns are presented net of fees and are based on end of month hard close redemption prices assuming the reinvestment of all distributions and capital gains. Net performance is calculated after the deduction of actual trading expenses and is net of taxes withheld on foreign dividends, interest and capital gains. Net performance deducts the stated management fee, which includes management and other administrative fees (custody, legal, admin, audit and organisation fees). Current Fund performance may be lower or higher than quoted performance. The investment return and principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less that their original cost. There can be no assurance that the Fund will achieve its investment objective. The performance data contained herein is calculated by a data provider whose calculation methodology may result in Fund performance that is lower or higher than the performance quoted in Fund reports

*The Management fee is inclusive of goods and services tax (GST) and any reduced input tax credit.

There are 100 basis points (bps) in 1%. One basis point is one one-hundredth of one per cent.

Performance

As at 31 Jul 2022
1MO
3MO
YTD
1 YR
3 YR
5 YR
10 YR
SINCE
(31-Jul-2020)
Investment Performance % (AUD)1MO3MOYTD1 YR3 YR5 YR10 YR SINCE
(31-Jul-2020)
Share Class AUD Hedged (Fund)2.94-2.89-2.091.83---10.41
MSCI ACWI ex Tobacco 100% Hedged to AUD Index7.04-1.50-13.10-8.35---9.74

Fund Expense %
Management fee* 0.78

The performance data quoted represents past performance. Past performance is not a reliable indicator of future performance. Returns greater than one year are annualized. Returns are presented net of fees and are based on end of month hard close redemption prices assuming the reinvestment of all distributions and capital gains. Net performance is calculated after the deduction of actual trading expenses and is net of taxes withheld on foreign dividends, interest and capital gains. Net performance deducts the stated management fee, which includes management and other administrative fees (custody, legal, admin, audit and organisation fees). Current Fund performance may be lower or higher than quoted performance. The investment return and principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less that their original cost. There can be no assurance that the Fund will achieve its investment objective. The performance data contained herein is calculated by a data provider whose calculation methodology may result in Fund performance that is lower or higher than the performance quoted in Fund reports

*The Management fee is inclusive of goods and services tax (GST) and any reduced input tax credit.

There are 100 basis points (bps) in 1%. One basis point is one one-hundredth of one per cent.

GET STARTED

Important Information for Wholesale and Retail Clients in Australia and Wholesale Investors in New Zealand

The information on this website is issued and approved by GQG Partners LLC (“GQG”), a limited liability company, as the Investment Manager of the GQG Partners Global Equity Fund ARSN 616 385 838, the GQG Partners Emerging Markets Equity Fund ARSN 616 386 344, and the GQG Partners Global Quality Dividend Income Fund ARSN 658 867 022 (together, the "Funds"). GQG is an authorised representative (CAR No. 001283168) of its wholly-owned subsidiary, GQG Partners (Australia) Pty Ltd (AFSL No. 515673, ACN 626 132 572) (“GQG AU”). Both GQG and GQG AU are subsidiaries of GQG Partners Inc. This information and our services may be provided to wholesale and retail clients (as defined in section 761G of the Corporations Act 2001 (Cth)) domiciled in Australia. This website contains general information only, does not contain any personal advice and does not take into account your objectives, financial situation, or needs. Before acting on any information on this website, you should seek financial or taxation advice to consider whether the information is appropriate given your objectives, financial situation or needs. In New Zealand, any offer of the Funds is limited to ‘wholesale investors’ within the meaning of clause 3(2) of Schedule 1 of the Financial Markets Conduct Act 2013. This information is not intended to be distributed or passed on, directly or indirectly, to any other class of persons in Australia and New Zealand, or to persons outside of Australia and New Zealand. If you are unsure about the meaning of these terms you should consult your financial or legal adviser.

An unrelated party, Equity Trustees Limited (“Equity Trustees”) (AFSL No. 240975, ABN 46 004 031 298) is the Responsible Entity and issuer of units for the Funds. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX:EQT). This website has been prepared to provide you with general information only. 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. EQT does not express any view about the accuracy or completeness of information that is not prepared by it and no liability is accepted for any errors it may contain. In preparing this information, EQT did not take into account the investment objectives, financial situation, or particular needs of any particular person. You should obtain a copy of the Product Disclosure Statement (PDS) and Reference Guide before making a decision about whether to invest in or hold interests in a Fund. You can request a copy of the relevant PDS and accompanying Reference Guide free of charge by contacting GQG AU using their contact details [below].

GQG is providing this material for informational purposes only. It should not be construed as an offer or solicitation to sell or buy any securities or for the acquisition or the subscription of units in any fund or for the establishment of any separately managed account. Any reference to or description of a security is for illustrative purposes only unless explicitly stated otherwise. It should not be assumed that any recommendations made by GQG in the future will be profitable or will equal the performance of any securities discussed herein. Before making any investment decision, you should seek expert, professional advice and obtain information regarding the requirements for any investment under the laws applicable to you.

The target market determination for the Funds can be accessed at https://www.eqt.com.au/insto/. Any account or fund advised by GQG involves significant risks and is suitable only for those persons who can bear the economic risk of the complete loss of their investment. There is no assurance that any account or fund will achieve its investment objectives. Accounts and funds are subject to price volatility and the value of a portfolio will change as the prices of investments go up or down. Before investing in a strategy, you should consider the risks of the strategy as well as whether the strategy is suitable based upon your investment objectives and risk tolerance. There may be additional risks associated with international and emerging markets investing involving foreign, economic, political, monetary, and/or legal factors. International investing is not for everyone. You can lose money by investing in securities. The Fund is a newly organised entity and does not have an operating history upon which prospective investors can evaluate its potential performance. The past performance of GQG’s personnel, the Fund or other funds or accounts managed by the Adviser are not necessarily indicative of the future results of the Fund or of an investment in the Fund. There can be no assurance that the Fund will achieve its investment objective.

Except as noted below, GQG AU’s employees, its related bodies corporate, directors and associates are not paid any commissions or additional remuneration for any general advice or other authorised financial service delivered to you. GQG AU employees are paid a salary and may receive bonuses (based on individual and company performance achievement objectives) and other benefits from time to time. These bonuses and benefits are at no additional cost to you.

GQG receives fees from Equity Trustees for acting as investment manager of the Funds. These fees are calculated as a percentage of the net asset value of the class of units invested in. The fees include amounts payable for administering the class and investing the assets of the class.

GQG AU receives remuneration from GQG in relation to its distribution and promotion activities. That remuneration is a percentage based margin calculated by reference to GQG AU’s costs.  

You may request further details about the benefits that GQG, its related bodies corporate, directors and associates receive before GQG or GQG AU provides a service to you. To the extent relevant, this further information will include a statement of the range or amounts or rates of benefits received.

Contact Details

GQG Partners (Australia) Pty Ltd and GQG Partners LLC
Level 14
88 Phillip Street
SYDNEY NSW 2000
Phone: +61 2 7255 8313
Email: aus@gqgpartners.com
Website: www.gqgpartners.com

Benchmark returns have been obtained from MSCI, a non-affiliated third-party source. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data.

The MSCI ACWI ex Tobacco index is based on its parent index, the MSCI ACWI Index, which measures the performance of developed and emerging market companies. The Index excludes companies from the parent index with significant business activities involving tobacco based on data from MSCI ESG Research. The Index is denominated in Australian dollars and is unmanaged. It is not possible to invest directly in an index.

The MSCI ACWI ex Tobacco 100% Hedged to AUD index is based on its parent index, the MSCI ACWI Index, which measures the performance of developed and emerging market companies. The Index excludes companies from the parent index with significant business activities involving tobacco based on data from MSCI ESG Research. The Index is denominated in Australian dollars and is unmanaged. It is not possible to invest directly in an index.

More Information

Please direct managed fund enquiries to:
Laird Abernethy
GQG Partners (Australia) Pty Ltd. (AFSL No. 515673)

Managing Director, Australia & New Zealand
+61 2 9238 8093

Insights

Despite tumultuous market conditions, the funds have excelled, and outperformed their respective institutional share class benchmarks since their inception on June 30, 2021.

Jul. 29, 2022

Short Cycling?

Jul. 15, 2022

GQG Partners celebrates six years with top quartile performance since inception* and investment team promotions.

Jul. 1, 2022

CNBC Appearance: Rajiv Jain Discusses the impact of inflation and Interest Rates on the Markets

Jul. 1, 2022