GQG PARTNERS GLOBAL QUALITY EQUITY FUND
ADVISORS' INNER CIRCLE III · 3 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
GQG PARTNERS GLOBAL QUALITY EQUITY FUND is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q3
The GQG Partners Global Quality Equity Fund (the Global Quality Equity Fund or the Fund) seeks long-term capital appreciation.
The fund invests at least 80% of assets in equity securities selected through bottom-up fundamental analysis that screens for quality factors including return on equity, margin stability, and sustainable earnings growth, with a focus on companies the adviser believes are undervalued relative to their long-term competitive advantages. The fund maintains at least 40% of assets (or 30% if conditions are unfavorable) in non-U.S. securities across at least five countries, and may invest in emerging markets, initial public offerings, and Chinese A-Shares through Stock Connect. As a non-diversified fund, it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund. The adviser may sell holdings when it believes competitive advantages have deteriorated, price targets are met, or more attractive opportunities are identified.
| Share class | Expense ratio |
|---|---|
| GQRRX | 0.70% |
| GQRIX | 0.70% |
| GQRPX | 0.90% |
Portfolio turnover 184.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.06% |
| Cash & short-term | 1.69% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 29.8% |
| Utilities | 14.7% |
| Consumer Staples | 14.4% |
| Financials | 12.6% |
| 5 smaller | 28.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +4.02% | +49.94% | +68.23% | 12.19% | -10.69% | |
| +4.07% | +50.19% | +68.50% | 12.11% | -10.69% | |
| +3.78% | +49.46% | +67.08% | 12.14% | -10.75% |
These classes hold the same portfolio, so the 1.42pp spread over 5 years is the cost difference between them — roughly 0.28pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| PM | Philip Morris International Inc.PM | 5.71% | $180.91 | $177.26M | 979.8K |
| XOM | EXXON MOBIL CORPXOM | 4.38% | $136.72 | $135.99M | 994.6K |
| MO | Altria Group, Inc.MO | 4.37% | $71.95 | $135.70M | 1.9M |
| VZ | VERIZON COMMUNICATIONS INC.VZ | 3.78% | $42.34 | $117.36M | 2.8M |
| — | TOTALENERGIES SE | 3.43% | $77.37 | $106.44M | 1.4M |
| — | AMERICAN ELECTRIC POWER COMPANY, INC. | 3.43% | $136.81 | $106.37M | 777.5K |
| CI | THE CIGNA GROUPCI | 3.33% | $275.68 | $103.39M | 375.0K |
| T | AT&T INC.T | 3.04% | $20.70 | $94.24M | 4.6M |
| KO | THE COCA-COLA COMPANYKO | 3.04% | $81.27 | $94.19M | 1.2M |
| PGR | THE PROGRESSIVE CORPORATIONPGR | 2.96% | $218.45 | $91.90M | 420.7K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 37.47% of net assets, top 25 70.17%, across 54 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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