Fund Facts EUR GBP USDISIN IE00BYW5Q247 IE00BYW5Q353 IE00BYW5Q130Bloomberg Symbol GQGEMAE:ID GQFEMAG:ID GQGEMAR:IDVALOR Nummer 37270619 37270621 37270612Currency Euro € Pound sterling £ US dollar $Minimum Initial Investment €1 000 £1 000 $1 000Management Fee 1,50% 1,50% 1,50%Total Expense Cap 1,80% 1,80% 1,80%Net Asset Value €10,53 £10,44 $10,69Share Class Launch Date 18-JUL-17 19-JUL-17 18-JUL-17Total Net Assets $270,4 millionDividend Policy AccumulationBenchmark MSCI Emerging Markets Index (Net)

GQG Partners Emerging Markets Equity FundCLASS A ACC

Investment ObjectiveThe GQG Partners Emerging Markets Equity Fund seeks long-term capital appreciation.

StrategyGQG Partners seeks to invest in high-quality businesses with attractively priced future growth prospects. GQG Partners’ fundamental investment process evaluates each business with a focus on financial strength, sustainability of earnings growth, and quality of management. The resulting portfolio seeks to limit downside risk while providing attractive returns to long-term investors over a full market cycle.

Total Return Performance %as at 31 October 2017 1 Month 3 Months YTD 1 Year 3 Years

Since Inception

InceptionDate

Class A € 3,25 7,24 — — — 5,31 18-JUL-17

MSCI Emerging Markets Index (Net) € 5,04 6,66 — — — 6,16 18-JUL-17

Class A £ 2,78 5,17 — — — 4,43 19-JUL-17

MSCI Emerging Markets Index (Net) £ 4,57 4,63 — — — 4,15 19-JUL-17

Class A $ 1,69 5,98 — — — 6,94 18-JUL-17

MSCI Emerging Markets Index (Net) $ 3,51 5,39 — — — 6,78 18-JUL-17

The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance of the portfolio may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by e-mailing ucits@gqgpartners.com or visiting gqgpartners.com. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Returns greater than one year are annualised. Performance may reflect agreements to limit a fund’s expenses, which would further reduce performance if not in effect. Returns are calculated net of taxes withheld on foreign dividends, interest and capital gains, and include the reinvestment of dividends and capital gains. Dividends are accrued as of ex-dividend date.

Portfolio Characteristics

Price/Book ratio is stock price divided by book value per share. Price/Cash Flow ratio is stock price divided by operating cash flow per share. Price/Earnings ratio is stock price divided by earnings per share. Price/Sales ratio is stock price divided by revenue per share. Return on Equity is the amount of net income returned as a percentage of shareholder equity. The MSCI Emerging Markets Index is a free float-adjusted market capitalisation index that is designed to measure equity market performance in the global emerging markets. Please see risks and other important information on final page.

3,2

11,2

17,9

3,0

21,2

1,8

7,9

14,8

1,4

15,6

0

5

10

15

20

25

30

Price/Book x

Price/CashFlow x

Price/Earnings x

Price/Sales x

Return on Equity %

Fund Benchmark Fund Benchmark

Number of Securities 61 838Market Capitalisation

Weighted Average ($b) 119,4 98,0Median ($b) 15,1 6,7

Turnover (annual %) — 3,50Source: FactSet. Portfolio Characteristics aredenominated in US dollars and apply to the Fund’s holdings, not to the Fund itself, and do not represent the Fund’s valuation, performance, or distributions. Excludes cash and cash equivalents.

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OCTOBER 2017 UCITS A FACTSHEETAS AT 31 OCTOBER 2017

Top 10 Holdings %Samsung Electronics Co., Ltd. 6,6Tencent Holdings Limited 6,1Alibaba Group Holding Ltd. 6,0Sberbank of Russia PJSC 4,4Bank Central Asia 4,3B3 SA 3,7Taiwan Semiconductor Manufacturing Co. Ltd. 3,4HDFC Bank Limited 2,9Itaú Unibanco Holding S.A. 2,8AIA Group Limited 2,8Total 42,9

OCTOBER 2017 UCITS A FACTSHEETAS AT 31 OCTOBER 2017

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Sector Weights % Fund Benchmark Difference

Financials 35,7 23,0Consumer Staples 8,9 6,2Information Technology 30,9 28,5Cash 2,1 0,0Utilities 3,6 2,5Industrials 4,7 5,5Health Care 1,5 2,3Telecommunication Services 3,6 4,9Materials 4,6 7,2Real Estate 0,0 2,8Energy 1,0 6,9Consumer Discretionary 3,5 10,2Total 100,0 100,0

Source: Northern Trust (“NT”). Country allocations shown reflect the country of risk of the securities in the portfolio as assigned by NT, though GQG’s portfolios are constructed based upon GQG’s assessment of each issuer’s country of risk exposure, which may not be the same as NT’s country assignment. Due to rounding, totals may not sum to 100,0%.The Fund’s portfolio holdings are subject to change without notice, and are US dollar-weighted based upon the total net assets of the portfolio. The top 10 holdings identified and described are for informational purposes only and do not represent all securities purchased, sold, or recommended for inclusion in the Fund and no assumption should be made that such securities or future recommendations were or will be profitable in the future.

-12 -6 0 6 12

Top 10 Countries % Fund Benchmark Difference

China 25,6 29,7 -4,1 Russia 13,6 3,2 10,3Indonesia 9,4 2,2 7,3Brazil 9,4 7,1 2,3South Korea 6,6 15,7 -9,0 India 5,5 8,7 -3,2 United States 4,7 0,0 4,7Mexico 3,7 3,1 0,6Taiwan 3,4 11,8 -8,4 Hong Kong 3,2 0,0 3,2Total 85,2 81,5

Portfolio ManagementRajiv Jain, Portfolio ManagerWith over 24 years of portfolio management experience in global and emerging markets equities, Rajiv offers a wealth of knowledge in an investment approach that he has developed and refined over many market cycles.

About GQG PartnersGQG Partners is a boutique investment management firm focused on global and emerging markets equities. We seek to help our clients secure their financial future, and we endeavor to create a business that is deeply aligned with our clients’ financial interests. Headquartered in Fort Lauderdale, Florida USA, we strive for excellence at all levels of our organization through a commitment to independent thinking, continual growth, cultural integrity and a deep knowledge of the markets.

Legal StructureUCITS V

Investment ManagerGQG Partners LLCucits@gqgpartners.com

ManagerCarne Global Fund Managers (Ireland) LimitedContact for Subscriptions and RedemptionsNorthern Trust International Fund Administration Services (Ireland) LimitedGQGPartners_TA_Queries@ntrs.comTel: +353 1 434 5024Fax: +353 1 542 2133

Fund Information

OCTOBER 2017 UCITS A FACTSHEETAS AT 31 OCTOBER 2017

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There is no assurance that the investment managementobjective of the Fund will be achieved. Past performance maynot be indicative of future results. The value of shares and theincome from them can go down as well as up and you may getback less than the initial amount invested. Any account or Fundadvised by GQG involves significant risks and is suitable only forthose persons who can bear the economic risk of the completeloss of their investment. Changes in exchange rates cannegatively impact both the value of your investment and thelevel of income received. The Fund invests in emerging markets,which tend to be more volatile than mature markets, and thevalue of investments can therefore move sharply up or down.There may be additional risks associated with internationalinvesting involving foreign, economic, political, monetary,and/or legal factors. International investing may not be foreveryone. It is possible to lose money by investing in securities.A more detailed description of the risk factors that apply to theFund is set out in the prospectus.

Important Information For InvestorsThe Fund is a sub-fund of GQG Global UCITS ICAV, an open-ended Irish collective asset-management vehicle with variablecapital constituted as an umbrella fund with segregated liabilitybetween sub-funds, authorized and regulated by the CentralBank of Ireland ("CBI") as an Undertaking for CollectiveInvestments in Transferable Securities ("UCITS"). Authorisation ofGQG Global UCITS ICAV by the CBI is not an endorsement orguarantee by the CBI nor is the CBI responsible for the contentsof any marketing material or the Fund's Prospectus, Supplementor applicable Key Investor Information Documents ("KIIDs"). CBIauthorization shall not constitute a warranty as to theperformance of GQG Global UCITS ICAV and the CBI shall not beliable for the performance of the GQG Global UCITS ICAV.Fund shares are only available for certain non-US persons intransactions that are exempt from registration in the UnitedStates pursuant to Regulation S under the Securities Act of 1933and comply with other applicable laws. This document is not anoffer or solicitation to subscribe for Fund shares. It is for theinformation of professional/sophisticated investors. The Fund’soffering may be restricted or on a private placement basis inmany jurisdictions. Contact your representative for thejurisdictions where the Fund is registered or passported. Do notuse or distribute this document where authorization fordistribution is required, unless the Fund is so authorized. TheInvestment Manager may facilitate the distribution of Fundshares through financial intermediaries. Any person forwardingthis material to others takes full responsibility for ensuringcompliance with all applicable law in connection therewith.Before investing, review the Fund's full Prospectus andSupplement, together with the applicable KIID and the mostrecent annual and semi-annual reports. You can get free copiesfrom the Investment Manager (at gqgpartners.com orucits@gqgpartners.com), the Administrator or the local payingor representative agent or local distributor in jurisdictions inwhich the Fund is authorized for distribution.The Fund’s returns are published net of fees and do not takeaccount of any commissions and costs incurred on the issue andredemption of units.The MSCI Emerging Markets Index (Net) is a free float-adjustedmarket capitalisation index that consists of indices in 24emerging economies: Brazil, Chile, China, Colombia, CzechRepublic, Egypt, Greece, Hungary, India, Indonesia, Korea,Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Qatar,Russia, South Africa, Taiwan, Thailand, Turkey, and the UnitedArab Emirates. With 845 constituents (as at 30 September 2017),the index covers about 85% of the free float-adjusted marketcapitalisation in each country. MSCI makes no express or impliedwarranties or representations and shall have no liabilitywhatsoever with respect to any MSCI data contained herein. TheMSCI data may not be further redistributed or used as a basis forother indexes or any securities or financial products. This reportis not approved, endorsed, reviewed or produced by MSCI. None

of the MSCI data is intended to constitute investment advice ora recommendation to make (or refrain from making) any kind ofinvestment decision and may not be relied on as such. Youcannot invest directly in an index.German Investors: The Fund is registered for public offer andsale in Germany. Additional information about the Fund may befound in the Prospectus and Supplement (available in the Englishlanguage) and applicable KIIDs (available in the Germanlanguage). These documents, as well as the annual and semi-annual reports may be obtained free of charge from GerFIS -German Fund Information Service UG (Haftungsbeschraenkt),Zum Eichhagen 4, 21382 Brietlingen, Germany. SingaporeanInvestors: The offer of shares of the Fund does not relate to acollective investment scheme which is authorized under Section286 of the Securities and Futures Act, Ch. 289 of Singapore(“SFA”) or recognized under Section 287 of the SFA, and sharesof the Fund are not allowed to be offered to the retail public.Pursuant to Section 305 of the SFA, read in conjunction ofRegulation 32 of and the Sixth Schedule to the Securities andFutures (Offers of Investments) (Collective Investment Schemes)Regulations 2005, the Fund has been entered into the list ofrestricted schemes maintained by the Monetary Authority ofSingapore for the purposes of the offer of shares in the Fund tobe made to relevant persons (as defined in Section 305(5) of theSFA), or, the offer of shares in the Fund is made in accordancewith the conditions of Section 305(2) of the SFA. These materialsdo not constitute an offer or solicitation by anyone in Singaporeor any jurisdictions in which such an offer or solicitation is notauthorized or to any person to whom it is unlawful to make suchan offer or solicitation. Swiss Investors: The Fund is authorizedby the Swiss Financial Market Supervisory Authority (FINMA) asa foreign collective investment scheme pursuant to the SwissCollective Investment Schemes Act, as amended (CISA).Accordingly, shares of the Fund may be offered to the public inor from Switzerland. Copies of the Fund’s Prospectus,constitution, relevant KIIDs, semi-annual and annual reports maybe obtained free of charge from the Swiss representative: Caceis(Switzerland) SA, Route de Signy 35, CH-1260 Nyon, Switzerland.The paying agent in Switzerland is Caceis Bank, Paris, succursalede Nyon / Suisse, Route de Signy 35, CH-1260 Nyon, Switzerland.In respect of the Shares distributed in and from Switzerland, theplace of performance and jurisdiction is the registered office ofthe representative in Switzerland. United Kingdom Investors:GQG Partners is not an authorised person for purposes of theFinancial Services and Markets Act 2000 of the United Kingdom(“FSMA”) and the distribution of this document in the UnitedKingdom is restricted by law. This document is provided only forand is directed only at persons in the United Kingdomreasonably believed to be permissible pursuant to the FSMA(Financial Promotion) Order 2005 (the “FPO”), including: (a)persons having professional experience in matters relating toinvestments; and (b) high net worth bodies corporate,partnerships, unincorporated associations, trusts, etc. fallingwithin Article 49 of the FPO. The services provided andinvestment opportunities described are available only to suchpersons, and no other persons may rely on this document. Mostor all of the rules under the FSMA for the protection of retailclients will not apply, and compensation under the UnitedKingdom Financial Services Compensation Scheme will not beavailable.

© 2017 GQG Partners LLC. All rights reserved. Information presented is as at 31 October 2017 and denominated in US dollars ($), unlessotherwise stated.UAEME 1017FS (exp. 31-DEC-17)

A Note About Risk