Magellan Wholesale Plus Global Fund
About this Fund
Fund Detail
| PDS | https://informedinvestor.com.au/view/pds/101190-2022-12-24-02:43.pdf |
| FUND MANAGER | Magellan Asset Management |
| ASX Code | |
| APIR | BTA0565AU |
| ASSET CLASS | GLOBAL EQUITIES |
| INVESTMENT STYLE | The Fund offers investors an 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 reducing the risk of permanent capital loss. |
| CURRENCY MANAGEMENT | Unhedged |
| INCEPTION DATE | 14-01-2014 |
| BENCHMARK | MSCI World Net Total Return Index (AUD) |
| FUND SIZE | MSCI World Net Total Return Index (AUD) |
| DISTRIBUTION FREQUENCY | Yearly |
| NO. OF HOLDINGS | 20-40 |
| FEES | 1.25% p.a. |
| STRUCTURE |
Benefits
| Benefits | Benefits of investing in the Magellan Wholesale Plus Global FundSome of the benefits that may arise from an investment in the Fund include the following:
Risk levelHigh |
| RISK LEVEL | |
| INVESTOR SUITABILITY |
Risks
| Title | |
| Detail |
Key Features
About the FundThe primary objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss. The Fund offers investors an opportunity to invest in a specialised and focused global equity fund. The 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 Manager endeavours to acquire these companies at discounts to their assessed intrinsic value. The Fund's portfolio will comprise 20 to 40 investments. The 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. |
Mandate
How we invest your moneyThe Fund primarily invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases and to mitigate currency risk on specific investments within the portfolio. It is not the Manager's intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets. The 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 Manager endeavours to acquire these companies at discounts to their assessed intrinsic value. The Fund's portfolio will comprise 20 to 40 investments. The 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. The asset allocation of the Fund is:
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