FORT LAUDERDALE, FLA. — GQG Partners has announced the reduction of fees on two US domiciled dividend income mutual funds—GQG Partners Global Quality Dividend Income Fund and GQG Partners International Quality Dividend Income Fund—as well as the Australian managed fund, GQG Partners Global Quality Dividend Income Fund, effective August 1, 2023.

“We are delighted to announce these fee reductions, as it reflects our company’s value of prioritizing our alignment with the interests of our clients. As a majority employee-owned firm, we are committed to ensuring that our clients’ needs remain at the forefront of everything we do,” said GQG Partners CEO, Tim Carver.

Maximum operating expenses and management fees have been reduced to 68 basis points for the US funds and Australia fund.

US MUTUAL FUNDS

*Net operating expense ratios are inclusive of management fees, as stated in the prospectus, which have been decreased from 0.65% to 0.60%. The gross expense ratio for the GQG Partners Global Quality Dividend Income Fund – Inst Shares is 0.87%. The gross expense ratios for the GQG Partners International Quality Dividend Income Fund – Inst Shares is 0.91%. The adviser has contractually agreed to waive fees until July 31, 2024.

AUSTRALIA MANAGED FUNDS

ABOUT GQG PARTNERS

GQG Partners, LLC is an investment boutique that manages global 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 through an unconventional, risk-averse approach, 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$104 billion in client assets as of June 30, 2023. For more information, please visit gqg.com.

Media Contact

Steve Ford, Managing Director — Global Distribution
GQG Partners
+1 (754) 312-6107
sford@gqgpartners.com

Any account or fund advised by GQG involves significant risks and is appropriate 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 appropriate 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. 

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

This press release is for the use of investors in the US, Australia, and New Zealand only.

You should carefully consider the investment objective, risks, charges, and expenses of the Fund before investing. The Fund’s prospectus and summary prospectus contain this and other important information about the Fund, which can be obtained by dialing +1 (866) 362-8333 or visiting gqgpartners.com. Please read the prospectus carefully before investing. The Fund’s Statement of Additional Information can also be obtained by dialing +1 (866) 362 8333 or visiting gqgpartners.com.

SEI Investment Distribution Co. (SIDCO) is the distributor for GQG Partners Global Quality Dividend Income Fund and GQG Partners International Quality Dividend Income Fund. SIDCO is not affiliated with GQG Partners. Check the background of SIDCO on FINRA’s BrokerCheck.

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.

GQG Partners LLC is a wholly owned subsidiary of GQG Partners Inc., a Delaware corporation that is listed on the Australian Securities Exchange.

GQG Partners (Australia) Pty Ltd. ACN 626 132 572, holds an Australian financial services license (AFSL) No. 515673, pursuant to section 913B of the Corporations Act 2001 (Cth) (Corporations Act).

GQG Partners LLC, is an Authorized Representative of GQG Partners (Australia) Pty Ltd. GQG is an authorised representative of GQG Partners (Australia) Pty Ltd ACN 626 132 572, AFSL number 515673, and this information and our services may be provided to wholesale and retail clients as defined in the Corporations Act.

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 visiting the “Contact Us” section of this website.

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.

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