Source: GQG Partners LLC (chart). MSCI (data). Data as of 31 March 2026. MSCI ACWI Quality Value: Top FCF/EV quintile of the MSCI ACWI Value Index, rebalanced monthly and equally weighted. MSCI ACWI Value: Companies exhibiting value characteristics defined by book value to price, 12-month forward earnings to price and dividend yield. PAST PERFORMANCE MAY NOT BE INDICATIVE OF FUTURE RESULTS.