Equity Trustees appointed RE for GQG dividend income fund
Equity Trustees has been appointed Responsible Entity (RE) by US boutique global equity manager, GQG Partners.
GQG Partners specialises in long-only and emerging market equity strategies and was established in 2016 by prominent investor Rajiv Jain, former CIO and Co-CEO of Vontobel Asset Management, who brings over 25 years of equity investing experience to GQG Partners.
The newly launched GQG Partners Global Quality Dividend Income Fund aims to provide a rate of return (after fees and expenses and before taxes) which exceeds the return of the MSCI ACWI High Dividend Yield ex Tobacco AUD Index, with a view to investing primarily in equity securities or equity-linked instruments of companies located anywhere in the world, that are expected to pay dividends.
Russell Beasley, Executive General Manager, Corporate Trustee Services, Equity Trustees said Equity Trustees was pleased to be selected by GQG Partners as responsible entity for their dividend income fund.
“It’s great to add another option to the fold for investors seeking income,” said Mr Beasley. “Equity Trustees is excited to bring our years of local and international funds governance experience to GQG Partner’s equity income capability.”
Laird Abernethy, GQG Partners Managing Director Australia and New Zealand said: “Equity Trustees have a wealth of global experience in listed investments. 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.”
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