GQG appoints RE for dividend income fund

Yasmine Raso

Senior Journalist

11 October 2022

U.S.-based boutique global equities management firm, GQG Partners, has selected Equity Trustees as the Responsible Entity (RE) for its Global Quality Dividend Income Fund.

The newly launched fund seeks to outperform the MSCI ACWI High Dividend Yield ex Tobacco AUD Index by investing mainly in equity securities or equities-linked instruments of global companies that are forecasted to pay dividends.

“Equity Trustees have a wealth of global experience in listed investments,” Laird Abernethy, GQG Partners Managing Director Australia and New Zealand, said.

“We believe their expertise is a good fit for us and this type of fund, and we look forward to benefiting from their reputable experience in funds governance.

“We believe the launch of the GQG Partners Global Quality Dividend Income Fund will give investors access to a quality focussed global dividend income strategy that aims to limit downside risk while providing capital appreciation, dividend income, and attractive returns to long-term investors over a full market cycle.”

Russell Beasley, Executive General Manager of Corporate Trustee Services at Equity Trustees, said the company was looking forward to providing its services for GQG Partners’ new fund.

“It’s great to add another option to the fold for investors seeking income,” he said.

“Equity Trustees is excited to bring our years of local and international funds governance experience to GQG Partner’s equity income capability.”