Fund Evaluator:
GQG Partners US Select Quality Eq Inv (GQEPX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
GQG Partners US Select Quality Eq Inv Overview
GQG Partners US Select Quality Eq Inv (GQEPX) is an actively managed U.S. Equity Large Blend fund. GQG Partners Inc launched the fund in 2018.
The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies. This investment policy may be changed by the fund upon 60 days' prior written notice to shareholders. The fund also may invest in equity securities of foreign companies in both developed and emerging markets. It may invest in initial public offerings ("IPOs") and securities of companies with any market capitalization. The fund is non-diversified.
About GQG Partners US Select Quality Eq Inv (GQEPX)
There are 4 members of the management team with an average tenure of 4.55 years: Brian Kersmanc (2022), Sudarshan Murthy (2022), Siddharth Jain (2024), Rajiv Jain (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. GQG Partners US Select Quality Eq Inv has 34 securities in its portfolio. The top 10 holdings constitute 46.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
GQG Partners US Select Quality Eq Inv is part of the Equity global asset class and is within the U.S. Equity fund group. GQG Partners US Select Quality Eq Inv has 8.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.6%. There is 8.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). GQG Partners US Select Quality Eq Inv has 0.9% of the portfolio in cash.
Assets Under Management
The fund has $215 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GQEPX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The GQG Partners US Select Quality Eq Inv expense ratio is above average compared to funds in the Large Blend category. GQG Partners US Select Quality Eq Inv has an expense ratio of 0.70%, which is 14% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. GQG Partners US Select Quality Eq Inv has a portfolio turnover rate of 99%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of June 2026, GQG Partners US Select Quality Eq Inv returned -3.4%, which earned it a grade of F, as the Large Blend category had an average return of -0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
GQG Partners US Select Quality Eq Inv has a trailing yield of 2.28%, which is above the 0.56% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
GQG Partners US Select Quality Eq Inv Grades
Year to date, the fund has returned 3.5%, 5.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 0.7% over the past year (grade of F), 11.8% over the past three years (grade of F) and 9.1% per year over the past five years (grade of F).
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GQEPX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GQEPX Return (NAV) | -3.4% | -5.5% | 0.7% | 11.8% | 9.1% | na |
| GQEPX Grade | F | F | F | F | F | na |
| +/- Category | -3.2% | -19.3% | -18.8% | -6.7% | -2.5% | na |
| Large Blend Avg | -0.2% | 13.8% | 19.5% | 18.5% | 11.6% | 14.1% |
| GQEPX Tax Cost Ratio | na | na | 2.0% | 1.1% | 1.0% | na |
GQEPX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GQEPX Return (NAV) | 3.5% | -4.5% | 29.2% | 17.4% | -2.8% | 19.9% | 23.6% | 27.2% | na | na | na |
| GQEPX Grade | F | F | A | F | A | F | A | F | na | na | na |
| +/- Category | -5.5% | -20.4% | 7.0% | -6.3% | 14.5% | -6.6% | 6.1% | -2.6% | na | na | na |
| Large Blend Avg | 9.0% | 15.9% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 15.9% |
| Total Risk Index: | 1.31 - Above Average |
| Category Risk Index: | 1.20 - High |
| Category Risk Grade: | F (99% Rank) |
| Beta: | 0.67 |
| R-Squared: | 30% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 2.3% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $2587 Mil |
| Fund Total Assets: | $ 215 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 99% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 7.8 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Jain Rajiv (2018), Kersmanc Brian (2022), Murthy Sudarshan (2022), Jain Siddharth (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 46.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 8.5% |
Portfolio Allocation |
|
| Domestic Stock: | 90.6% |
| Foreign Stock: | 8.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.9% |
Purchase Information
| Fund Family: | GQG Partners Inc |
| Phone Number: | 866-362-8333 |
| Website: |
| Status: | Open |
| Inception Date: | September 28, 2018 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 100 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.70% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | GQG Partners US Select Quality Eq Instl |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
