Fort Lauderdale, FLA. — The GQG Partners Global Equity Fund has won the “International Equities – High Active Risk” category at the 2024 Investment Leadership Awards, presented at the Financial Standard MAX awards last night (6 June 2024).
The awards identify investment managers with what Financial Standard believes is the best balance of investment returns and risk management.
Winners and finalists are determined by Rainmaker Information’s quantitative research systems that assess investment products in each asset class over the short, medium and long-run.
GQG Partners also won “Website of the Year” at the MAX awards.
Laird Abernethy, Managing Director of GQG Partners, Australia and New Zealand, said the win reflects the experience and skill of the investment team and its performance.
“This award is recognition of the team’s efforts on behalf of investors. It is particularly gratifying to receive an award that acknowledges both returns and risk management, which are key elements of the GQG approach.
“Our Global Equity Fund aims 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.”
“Since inception, the fund has returned 5.19 per cent net of fees above its benchmark* which we believe is an outstanding result over multiple volatile periods,” he said.
GQG Partners also marked a significant step in March this year when it received final approval to establish an office in Abu Dhabi.
This is a pivotal move for GQG in establishing its first investment hub outside the US. It will further solidify GQG’s global footprint and enhance its position in key markets, including the Middle East.
The new office recognises the importance of Abu Dhabi and the Middle East as significant regions for capital markets and the global asset management industry.
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 also 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.
* As of 30 April 2024. Inception date is 2 June 2017. Benchmark is the MSCI ACWI ex Tobacco. 5 year net returns were 16.65% vs 11.26% for the index. Returns are annualized.
ABOUT GQG PARTNERS
GQG Partners, LLC is an investment boutique that manages global, US, and emerging market equities for institutions, advisors, and individuals worldwide. Headquartered in Fort Lauderdale, Florida, with offices around the world, we are committed to delivering long-only equity strategies with the goal of compounding capital for our clients. With a focus on client alignment, adaptability, and diverse perspectives, we strive to stay attuned to our clients’ needs and continuously seek out new insights to inform our decision-making. GQG Partners manages US$142 billion in client assets at 30 April 2024. For more information, please visit gqg.com.
MEDIA CONTACT
Claudia Pritchitt
PritchittBland Communications
P 0438 221 550
E claudia@pritchittpartners.com.au
IMPORTANT INFORMATION
Financial Standard “International Equities – High Active Risk” Investment Leadership Award Methodology:
To determine the Investment Leadership Award winners, Financial Standard engages Rainmaker Information to develop a quantitative methodology that equally weights performance factors with five different risk measures. Strategies are separated by both asset classes and risk level.
Benchmark indexes are used to help determine the awards categories. In the case of large capitalisation strategies in equities, benchmarks are used to help calculate the beta-adjusted alpha of the fund, which goes into the final score the strategy receives. This is a measure of the fund’s return after considering the market exposure the fund has taken in implementing its strategy. The Investment Leadership Awards take both return and risk measures into account.
Financial Standard MAX Website of the Year Award Methodology:
This award is for the website that Financial Standard believes delivers the most outstanding innovation, content, interactivity and whose design results in valuable user experience and captures the greatest return on investment.
Financial Standard MAX Distribution Team of the Year Award Methodology:
This award identifies the distribution team who Financial Standard believes have collectively generated the greatest improvements to their organisation’s business development and distribution.
Financial Standard MAX Website of the Year Award Methodology: This award is for the website that Financial Standard believes delivers the most outstanding innovation, content, interactivity and whose design results in valuable user experience and captures the greatest return on investment.
This webpage reflects the views of GQG as of a particular time. GQG’s views may change without notice. Any forward-looking statements or forecasts are based on assumptions and actual results may vary.
GQG provides this information for informational purposes only. GQG has gathered the information in good faith from sources it believes to be reliable, including its own resources and third parties. However, GQG does not represent or warrant that any information, including, without limitation, any past performance results and any third-party information provided, is accurate, reliable, or complete, and it should not be relied upon as such. GQG has not independently verified any information used or presented that is derived from third parties, which is subject to change. Information on holdings, allocations, and other characteristics is for illustrative purposes only and may not be representative of current or future investments or allocations.
The information contained in this document is unaudited. It is published for the assistance of recipients, but is not to be relied upon as authoritative and is not to be substituted for the exercise of one’s own judgment. GQG is not required to update the information contained in these materials, unless otherwise required by applicable law. GQG is registered as an investment adviser with the U.S. Securities and Exchange Commission. Please see GQG’s Form ADV Part 2, which is available upon request, for more information about GQG.
Equity Trustees Limited ABN 46 004 031 298 AFSL 240975, is the Responsible Entity for the GQG Partners Global Equity Fund. This information does not take into account the investment objectives, financial situation or needs of any person. Returns are not guaranteed. You should read the PDS & TMD available at https://www.eqt.com.au/corporates-and-fund-managers/fund-managers/institutional-funds/institutional-fund-manager?f=a6725f82-7772-4e0b-86fe-2d61391a98c7
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 information 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 by 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 on the Equity Trust website. 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.
Data and content presented is as at 7 June 2024, and denominated in US dollars (US$), unless otherwise stated.
