FORT LAUDERDALE, FLA. — GQG Partners, one of the world’s leading global equity boutique investment management firms, has been awarded the International Equities – Emerging Markets and Regional accolade for its GQG Partners Emerging Markets Equity Fund at the 2023 Zenith Fund Awards, held in Sydney on Friday, 13 October. This marks the second consecutive year that a GQG Partners’ fund has been acknowledged, with the GQG Partners Global Equity Fund taking out the International Equities – Global category in 2022.
The Zenith Fund Awards acknowledge and encourage excellence in funds management across all asset classes and disciplines and aim to raise the standard of funds management in the industry for the ultimate benefit of investors. Each award is based on long-term factors derived from Zenith’s extensive research and due diligence of fund managers.
The GQG Partners Emerging Markets Equity Fund seeks to invest in quality companies with attractively priced future growth prospects in emerging markets. The fundamental investment process evaluates each business based on financial strength, sustainability of earnings growth, and quality of management. It aims to limit downside risk while providing attractive returns to long-term investors over a full market cycle.
Laird Abernethy, Managing Director, Australia, and New Zealand, for GQG Partners said that winning the International Equities – Emerging Markets and Regional award, in our view, is an outstanding accolade for the business and is testament to the adaptability, durability, and strength of GQG’s investment team and process.
“Our investment process at GQG is centred around identifying those companies that exhibit strong ‘forward looking’ quality attributes. We believe that focusing on the future quality of a company, as opposed to its current or historic quality, enables the team to think outside the traditional prism of value and growth investing and instead focus on identifying those future quality compounders, regardless of which sector they may reside.”
“We believe this forward-looking approach provides our portfolio managers a higher degree of adaptability, particularly as market regimes shift.”
Whilst headquartered in Fort Lauderdale, Florida, GQG Partners has a strong affinity with Australia, opening its first registered office outside of the USA in Sydney 2019. Additionally, GQG Partners’ parent company, GQG Inc., was listed on the ASX in October 2021.
The GQG Partners Emerging Markets Equity Fund holds a ‘Highly Recommended’ rating from both Zenith and Lonsec as well as a Morningstar Medalist RatingTM of ‘Gold’ (assigned 04/05/23).
As at 30 September 2023, the GQG Partners Emerging Markets Equity Fund stands out as the sole emerging markets fund in Australia to receive the highest rating from all three of the country’s prominent investment research and portfolio construction institutions.” *
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$105.8 billion in client assets at 30 September 2023. For more information, please visit gqg.com.
MEDIA CONTACT
Claudia Pritchitt
PritchittBland Communications
P 0438 221 550
E claudia@pritchittpartners.com.au
ZENITH AWARD & RATING DISCLAIMER
Zenith Investment Partners Pty Ltd ABN 27 103 132 672 AFSL 226872 Fund Awards issued 13 October 2023 are solely statements of opinion and not a recommendation in relation to making any investment decisions. Fund Awards are current for 12 months and subject to change at any time. Fund Awards for previous years are for historical purposes only. Full details on Zenith Fund Awards at https://www.zenithpartners.com.au/zenith-fund-awards-2023/
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned ETL4207AU 2 November 2022) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines. (https://www.zenithpartners.com.au/our-solutions/investment-research/regulatory-guidelines/)
LONSEC DISCLAIMER
The rating issued April 2023 for ETL4207AU was published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445(Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2023 Lonsec. All rights reserved.
MORNINGSTAR DISCLAIMER
*GQG Partners Emerging Markets Equity Fund received Morningstar Medalist RatingTM of ‘Gold’ as of 04/05/2023 wherein the Analyst Driven % is 100 and Data Coverage % is 100. Source: Morningstar Global Medalist Rating Analysis Report dated 04/05/2023 © 2023 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. This report or data has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or New Zealand wholesale clients of Morningstar Research Ltd, subsidiaries of Morningstar, Inc. Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at https://www.morningstar.com.au/s/fsg.pdf . You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Morningstar’s publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar’s full research reports are the source of any Morningstar Ratings and are available from Morningstar or your adviser. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a financial adviser.
Morningstar Medalist Rating™
The Morningstar Medalist Rating is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Investment products are evaluated on three key pillars (People, Parent, and Process) which, when coupled with a fee assessment, forms the basis for Morningstar’s conviction in those products’ investment merits and determines the Medalist Rating they’re assigned. Pillar ratings take the form of Low, Below Average, Average, Above Average, and High. Pillars may be evaluated via an analyst’s qualitative assessment (either directly to a vehicle the analyst covers or indirectly when the pillar ratings of a covered vehicle are mapped to a related uncovered vehicle) or using algorithmic techniques. Vehicles are sorted by their expected performance into rating groups defined by their Morningstar Category and their active or passive status. When analysts directly cover a vehicle, they assign the three pillar ratings based on their qualitative assessment, subject to the oversight of the Analyst Rating Committee, and monitor and re-evaluate them at least every 14 months. When the vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly. For more detailed information about the Medalist Ratings, including their methodology, please go to http://global.morningstar.com/managerdisclosures.
The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) are not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involve the risk that the return target will not be met due to such things as unforeseen changes in changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rate, tax rates, exchange rate changes, and/or changes in political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment product. A change in the fundamental factors underlying the Morningstar Medalist Rating can mean that the rating is subsequently no longer accurate.
IMPORTANT INFORMATION
The information provided in this document does not constitute investment advice and no investment decision should be made based on it. Neither the information contained in this document or in any accompanying oral presentation is a recommendation to follow any strategy or allocation. In addition, neither is a recommendation, offer or solicitation to sell or buy any security or to purchase of shares in any fund or establish any separately managed account. It should not be assumed that any investments made by GQG Partners LLC (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, including tax advice, and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the law of your home country, place of residence or current abode.
This document 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.
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.
Equity Trustees Limited ABN 46 004 031 298 AFSL 240975, is the Responsible Entity for the GQG Partners Emerging Markets 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 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 15.03 Chifley Tower, 2 Chifley Square
Sydney NSW Australia, 2000
Phone: +61 2 7255 8313
Email: aus@gqgpartners.com
Website: www.gqgpartners.com
© 2023 GQG Partners LLC. All rights reserved. Information presented is as of 16 October, 2023 and denominated in US dollars (US$), unless otherwise stated.
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