GQGIX Fees and Costs — GQG Partners Emerging Markets Equity Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.98%: a 0.90% management fee plus 0.09% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $18.9M in broker commissions, 0.0841% of average net assets, and portfolio turnover was 63%.
GQGIX Fees and Expenses
Annual operating expenses and sales charges of GQGIX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GQGIX Costs Over Time
On $10,000 invested in GQGIX, assuming 5% a year before costs, total costs come to $665 over 5 years, cutting the return by 1.12% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $9 | $28 | $48 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $366 | $665 |
| Value after costs | $10,388 | $11,211 | $12,098 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
GQGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0841%
- Total broker commissions: $18.9M
- Bought from dealers (principal trades, not a cost): $42.6M
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
GQGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO, INC | $2.7M | 21.37% |
| GOLDMAN, SACHS & CO | $2.5M | 19.89% |
| JEFFERIES & CO | $2.2M | 17.35% |
| BAML | $1.4M | 10.79% |
| UBS SECURITIES | $1.3M | 10.15% |
| CITIGROUP | $663K | 5.17% |
| HSBC | $551K | 4.30% |
| SOCIETE GENERALE | $517K | 4.03% |
| J P MORGAN CHASE BANK | $492K | 3.84% |
| HAITONG INTERNATIONAL SECURITIES | $397K | 3.10% |
GQGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO, INC | $42.6M | 100.00% |
GQG Partners Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GQGIX | Institutional Shares | 0.98% | — |
| GQGRX | R6 Shares | 0.98% | — |
| GQGPX | Investor Shares | 1.19% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.