Benefits of investing in the GQG Partners Emerging Markets Equity Fund

The Fund aims to seek long term capital appreciation by investing in equity securities or equity-linked instruments of companies located in emerging markets countries without regard to their capitalisation.

An investment in the Fund has certain benefits including:

• Your money is managed by a team of professionals at GQG Partners, who have extensive experience in investing in markets around the world;

• Access to investment opportunities, techniques and markets that may not be accessible to all investors;

• You can generally apply to withdraw your investment on any Business Day; and

• GQG Partners as with other fund managers can usually invest at a lower cost than individual investors.

Risk level

Medium

Investor suitability

The Fund may suit investors with a minimum investment horizon of at least five years, whose investment objective is to achieve capital appreciation.

About the Fund

The GQG Partners Emerging Markets Equity Fund aims to seek long-term capital appreciation by investing directly or indirectly in equity securities and equity-linked securities anywhere in the world that GQG Partners believes can sustain long-term earnings growth and are available at a reasonable price. The objective of the Fund is to provide a rate of return (after fees and expenses and before taxes) which exceeds the return of the MSCI Emerging Markets ex Tobacco Index (AUD).

The Emerging Markets Equity strategy seeks to invest in high-quality companies with attractively priced future growth prospects. We focus primarily on the liquid securities of large-cap issuers in emerging market economies. GQG Partners' fundamental investment process evaluates each business based on financial strength, sustainability of earnings growth, and quality of management. The resulting portfolio seeks to limit downside risk while providing attractive returns to long-term investors over a full market cycle.

About GQG Partners

GQG Partners is a boutique investment management firm focused on global and emerging markets equities. We seek to help our clients secure their financial future, and we endeavour to create a business that is deeply aligned with our clients' financial interests. Headquartered in Fort Lauderdale, Florida with more than A$43 billion in FUM/FUA, we strive for excellence at all levels of our organisation through a commitment to independent thinking, continual growth, cultural integrity and a deep knowledge of the markets.

How we invest your money

The Fund may invest in equity securities or equity-linked instruments of companies located anywhere in the world, including, but not limited to, emerging markets countries, frontier markets and the United States. This Fund has no limitation on the capitalization size of the companies in which it invests nor on its ability to invest in foreign securities. It may invest in any country. Frontier markets are not expected to be a meaningful percentage of the Fund.

The Fund employs a long-term focus when analysing companies and constructing a portfolio. GQG Partners seeks to identify companies with a strong financial position, capable management, and promising growth opportunities, which GQG Partners believes are most likely to enjoy sustained earnings growth over time.

Once fully invested, it is anticipated that this Fund will typically hold between 40 and 80 investments. Generally, once this Fund is fully invested, no single portfolio holding is anticipated to exceed 7% of the portfolio value.

GQG Partners' portfolio construction is not dictated by the composition of benchmark indexes because GQG Partners seeks to identify and invest in those constituents of a benchmark whose business prospects GQG Partners believes are inherently superior to the benchmark as a whole.

Strategic asset allocation

• Emerging Markets Equities: 95-100%

• Cash & Cash Equivalents: 0-5%

For more information, refer pages 4-5 of the product PDS.