GQHIX Fees and Costs — GQG Partners US Quality Value Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.49%: a 0.45% management fee plus 0.09% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $30K in broker commissions, 0.0129% of average net assets, and portfolio turnover was 43%.
GQHIX Fees and Expenses
Annual operating expenses and sales charges of GQHIX. Prospectus, as of August 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.49% |
| 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 |
GQHIX Costs Over Time
On $10,000 invested in GQHIX, assuming 5% a year before costs, total costs come to $318 over 5 years, cutting the return by 0.53% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $318 |
| Value after costs | $10,447 | $11,402 | $12,445 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
GQHIX 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): 0.0129%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
GQHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BAML | $6K | 24.05% |
| GOLDMAN, SACHS & CO. | $5K | 16.90% |
| BNP PARIBAS | $4K | 16.02% |
| J P MORGAN CHASE BANK | $3K | 11.68% |
| RBC CAPITAL | $2K | 8.04% |
| MORGAN STANLEY & CO, INC | $2K | 5.95% |
| UBS SECURITIES | $1K | 4.89% |
| BANK OF NOVA SCOTIA | $1K | 4.24% |
| BARCLAY BANK PLC | $1K | 4.15% |
| JEFFERIES LLC | $1K | 4.06% |
GQG Partners US Quality Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GQHIX | Institutional Shares | 0.49% | — |
| GQHPX | Investor Shares | 0.64% | — |
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.