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Magellan Core Global Fund (Managed Fund)

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About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106388-2024-01-19-02:36.pdf
FUND MANAGER Magellan Asset Management
ASX Code MCSG*
APIR MGE3851AU
ASSET CLASS GLOBAL EQUITIES
INVESTMENT STYLE

The Fund will primarily invest in securities of companies listed on stock exchanges around the world.

INVESTMENT PROFILE

The Fund’s primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term through investment in a diversified portfolio of high quality companies.

CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 17-12-2009
BENCHMARK MSCI World Net Total Return Index (AUD)
FUND SIZE MSCI World Net Total Return Index (AUD)
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS 70-90
FEES 0.51% p.a.
STRUCTURE

Benefits

Benefits

Significant benefits

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 a diversified portfolio of high quality global listed companies; and
  • participation in any capital appreciation and income distributions of the Fund.

 

RISK LEVEL 6
INVESTOR SUITABILITY

An investment in the Fund may suit investors who are seeking a medium to long-term investment exposure to international equities. 

Risks

Title
Detail

Key Features

Significant features

The Fund’s primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term through investment in a diversified portfolio of high quality companies.

The Investment Manager aims to invest in companies that have sustained competitive advantages which translate to returns on capital in excess of their cost of capital for a sustained period of time. The Fund will comprise 70 to 90 investments based on the Investment Manager’s assessment of economic moat, potential impact of disruption, value and key risks and exposures. 

The Fund will be rebalanced on a quarterly basis, or on such other basis determined by the Investment Manager. It is not the Investment Manager’s intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets.

The Fund can use foreign exchange contracts to facilitate settlement of stock purchases. The Fund may use exchange traded derivatives, in a limited manner, for risk management purposes

Mandate

How we invest your money

The Fund’s assets are typically invested within the following asset allocation ranges:

(Asset Class: Investment Range)

  • Global listed securities: 90% - 100%
  • Cash and cash equivalents: 0% - 10%

The Fund will primarily invest in securities of companies listed on stock exchanges around the world. The Fund’s portfolio will generally comprise 70-90 securities at any one time but will also have some exposure to cash. 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 can use foreign exchange contracts to facilitate settlement of stock purchases. The Fund may also use exchange traded derivatives, in a limited manner, for risk management purposes.