GQG Partners, Inc. · ASX:GQG
GQG Partners — Shareholder Meeting (May 2023)
23 slides from GQG Partners's shareholder meeting presentation, May 17, 2023
Slide 1: 2023 Annual Meeting of Stockholders ASX Announcement
GQG Partners Inc. ARBN 651 066 330 Headquarters 450 East Las Olas Boulevard, Suite 750 Fort Lauderdale, Florida 33301, USA +1.754.218.55000 17 May 2023 GQG Partners ASX Announcement 2023 ANNUAL MEETING OF STOCKHOLDERS For personal use only GQG Partners Inc. (GQG Partners or the Company) (ASX: GQG) a
Slide 2: Chairman's and CEO's Remarks
GQG Partners Inc. Annual Meeting of Stockholders 17 May 2023 2023 ANNUAL MEETING OF STOCKHOLDERS - CHAIRMAN’S REMARKS MR. RAJIV JAIN, EXECUTIVE CHAIRMAN AND CHIEF INVESTMENT OFFICER We founded GQG with the vision of building an enduring institution that would outlive us. When writing our original bu
Slide 3: CEO's Remarks (continued)
GQG Partners Inc. Annual Meeting of Stockholders 17 May 2023 As Rajiv also pointed out, our organization is built on the idea of alignment. To that end our team, even without including Rajiv’s and my holdings, has tens of millions of dollars of exposure across our stock and our investment strategies
Slide 4: Preliminary Results of Annual Meeting of Stockholders
GQG Partners Inc. Annual Meeting of Stockholders 17 May 2023 GQG Partners Inc. 9:00 am (Australian Eastern Standard Time) on 17 May 2023 7:00 pm (U.S. Eastern Daylight Time) on 16 May 2023 Preliminary Results of Annual Meeting of Stockholders The table below provides the preliminary results, receive
Slide 5: Annual General Meeting: The Art of Investing
For personal use only Annual General Meeting GQG Partners | The Art of Investing May 2023 RAJIV JAIN TIM CARVER MELODIE ZAKALUK RICK SHERLEY STEVE FORD Chairman and CIO Chief Executive Officer Chief Financial Officer General Counsel Managing Director, and Corporate Secretary Global Distribution 0
Slide 6: Preliminary Results
PRELIMINARY RESULTS GQG Partners Inc. 9:00 am (Australian Eastern Standard Time) on 17 May 2023/7:00 pm (U.S. Eastern Daylight Time) on 16 May 2023 Preliminary Results of Annual Meeting of Stockholders For personal use only The table below provides the preliminary results, received as of 15 May 2023
Slide 7: Annual General Meeting: The Art of Investing
For personal use only Annual General Meeting GQG Partners | The Art of Investing May 2023 RAJIV JAIN TIM CARVER MELODIE ZAKALUK RICK SHERLEY STEVE FORD Chairman and CIO Chief Executive Officer Chief Financial Officer General Counsel Managing Director, and Corporate Secretary Global Distribution 0
Slide 8: Full Year Financial Results
For personal use only Full Year Financial Results MELODIE ZAKALUK Chief Financial Officer 2
Slide 9: Financial Highlights
FINANCIAL HIGHLIGHTS FUNDS UNDER MANAGEMENT ― Net flows of US$8.0 billion for the full-year ended 2022 For personal use only ― Net flows of US$5.4 billion through 30 April 2023 ― Funds Under Management as at 30 April 2023 of US$98.6 billion NET REVENUE ― Net Revenue of US$436.8 million for full year
Slide 10: Financial Results
FINANCIAL RESULTS Full Year Actual Results of 2022 vs. 2021 (Dollars in US$ millions, except per share data) FY22 FY21 FY22 FY21* Closing FUM† (US$ billions) 88.0 91.2 Distributable earnings (US$ millions) 253.8 50.4 For personal use only Average FUM† (US$ billions) 88.8 80.5 Dividends paid (US$ mil
Slide 11: Summary Consolidated Statements of Operations
FINANCIAL RESULTS Summary Consolidated Statements of Operations Summary Consolidated Statements of Operations Commentary Year over Year Comparison Net revenue for 2022 increased despite headwinds by 9.8% to $436.8 million primarily driven by an increase in average FUM† from $80.5 billion to $88.8 bi
Slide 12: Performance Update
For personal use only Performance Update TIM CARVER STEVE FORD Chief Executive Officer Managing Director, Global Distribution 6
Slide 13: Performance Overview: Strategy Level Performance
PERFORMANCE OVERVIEW Strategy Level Performance as of 30 April 2023 20 Global Equity 14 International Equity 15 12 10.39 For personal use only 11.27 12.04 10.07 10.98 9.74 10 8.92 8.34 Total Return % Total Return % 10 7.03 7.37 8 5 2.06 6 0 3.84 4 3.13 3.05 2.50 -5 2 -3.73 -10 0 1 Year 3 Years 5 Yea
Slide 14: Performance Overview: Quality Compounding
PERFORMANCE OVERVIEW Quality Compounding Total Cumulative Growth and Downside Period Performance For personal use only 3Q15 Energy 4Q18 China 1Q20 COVID 1H22 Russia 200% 150% 136% 100% 84% 50% 0% GQG -3.6% GQG -8.0% GQG -14.0% GQG -5.6% Index -9.4% Index -12.8% Index -21.4% Index -20.2% -50% 2014 20
Slide 15: Performance Overview: Risk-Adjusted Performance
PERFORMANCE OVERVIEW Risk-Adjusted Performance Global Equity Risk-Return % International Equity Risk-Return % GQG inception (1 June 2016) to 30 April 2023 GQG inception (1 June 2016) to 30 April 2023 15 14 Returns Returns For personal use only GQG Partners 12 12 Global Equity 10 GQG Partners Interna
Slide 16: Historically Consistent Equity Returns
PERFORMANCE OVERVIEW Historically Consistent Equity Returns GQG Partners Global Equity Outperformance and Volatility Since Inception For personal use only Rolling 5-year Alpha vs MSCI ACWI Rolling 5-year Beta vs MSCI ACWI 10 1.2 8 1.1 6 4 1.0 Alpha % Beta % 2 0.9 0 -2 0.8 -4 0.7 -6 -8 0.6 12/19 12/2
Slide 17: Outperformance Consistency
PERFORMANCE OVERVIEW Outperformance Consistency While short-term periods can be volatile, we seek to outperform the benchmark and industry peers for over long-term periods For personal use only Rolling Success Rate Since Inception 5-Year Rolling Returns Since Inception % of Rolling Periods with Exce
Slide 18: Rolling Performance as at April 2023
PERFORMANCE OVERVIEW Rolling Performance as at 30 April 2023, Since Inception Global Rolling 5-Year Return (net of fees) International Rolling 5-Year Return (net of fees) 20 18 For personal use only 18 16 5-Year Total Return % 5-Year Total Return % 16 GQG Partners Global Equity 14 GQG Partners Inter
Slide 19: Investment Environment
For personal use only Investment Environment RAJIV JAIN Chairman & Chief Investment Officer 14
Slide 20: Question Time: Management Team
QUESTION TIME Management Team For personal use only RAJIV JAIN TIM CARVER MELODIE ZAKALUK RICK SHERLEY STEVE FORD Chairman & Chief Executive Officer Chief Financial Officer General Counsel Managing Director, and Corporate Secretary Global Distribution Chief Investment Officer 15
Slide 21: Conclusion
CONCLUSION We are passionate about investing For personal use only We will always endeavour to grow, learn, adapt and attain a competitive advantage in our markets We are the caretakers of peoples’ futures We strive to deliver sustainable high-performance outcomes with lower absolute volatility thro
Slide 22: Important Information
IMPORTANT INFORMATION The information provided in this document does not constitute There may be additional risks associated with international and INFORMATION ABOUT FUM BY CHANNEL investment advice and no investment decision should be made emerging markets investing involving foreign, economic, pol
Slide 23: Important Information
IMPORTANT INFORMATION The MSCI All Country World Index (MSCI ACWI) is a global equity representative of GQG Partners (Australia) Pty Ltd, ACN 626 132 United Kingdom is restricted by law. Accordingly, this document is index, which tracks stocks from 23 developed and 27 emerging 572, AFSL number 51567