Magellan Global Fund - Closed Class Units (MGF)

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About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100126-2023-08-04-02:36.pdf
FUND MANAGER Magellan Asset Management
INVESTMENT STYLE The Fund offers investors the opportunity to invest in a specialised and focused global equity fund.
INVESTMENT PROFILE The Fund aims to achieve attractive risk-adjusted returns over the medium to long term while minimising the risk of permanent capital loss.
BENCHMARK MSCI World Net Total Return Index (AUD)
FUND SIZE MSCI World Net Total Return Index (AUD)
FEES 1.35% p.a.



Benefits of investing in the Magellan Global Fund

Investing in the Fund offers investors a range of benefits, including:

  • access to the Investment Manager's investment expertise and a professionally managed global equity portfolio;
  • access to attractive investment opportunities in offshore markets;
  • prudent risk management; and
  • participation in any capital appreciation and income distributions of the Fund.



RISK LEVEL Medium to High

An investment in the Fund may suit you if you are seeking a long-term investment exposure to international equities. also Any person who has a registered address in Australia, New Zealand, Hong Kong or Singapore and who was a registered holder of Closed Class Units on  26 February 2021.



Key Features

About the Fund

The Fund's primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term, while reducing the risk of permanent capital loss.

The Investment Manager aims to invest in companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. The Investment Manager endeavours to acquire these companies at discounts to their assessed intrinsic value.

The Fund's portfolio comprises 20 to 40 investments. The Investment Manager believes such a portfolio will achieve sufficient diversification to ensure the Fund is not overly correlated to a single company, or to industry specific or macroeconomic risks.

It is not the Responsible Entity's intention to hedge the foreign currency exposure of the Magellan Global Fund arising from investments in overseas markets.


How we invest your money

The Fund primarily invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash and cash equivalents.

The Fund can use foreign exchange contracts to facilitate settlement of stock purchases.

It is not the Responsible Entity's intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets.

The Fund may hold listed securities directly or indirectly via its two wholly-owned subsidiary trusts, Magellan Global Equities Fund and Magellan Global Trust. In this case, the Fund's investments are described on a look-through basis, that is, the underlying assets the Fund is exposed to through its investments in the underlying trusts.

Asset classes and asset allocation ranges

  • Global listed securities: 80-100%
  • Cash and cash equivalents: 0-20%