Magellan Global Fund - Open Class Units

Quarterly Global Update - October 2023
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Magellan Minutes: Opportunities in the finance sector
Magellan Minutes: Chat GPT and its Implications
Magellan April 2023 Global Strategy Update
Magellan March 2023 Financial Sector Update
Magellan January 2023 Global Strategy Update
How Industrials Can Benefit from a Move to Net Zero
Magellan Minutes: When volatility provides opportunity
Magellan Minutes: The great 'chip' saga continues
Magellan Minutes: Is it time to get excited by tech?
Magellan Sep 2022 Global Strategy Update
Magellan Global Sustainable Strategy Update
Magellan Minutes: Technology Sector Update
The Pivotal Fight between China and the US is Over the Microchip
Magellan discuss the restructure of their Global Equities retail funds
The coronavirus is tearing at the fragilities of Italy and the eurozone
A deep recession can't be ruled out

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/3-2023-11-28-02:38.pdf
FUND MANAGER Magellan Asset Management
ASX Code
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.



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 Very high

An investment in the Fund may suit you if you are seeking a long-term investment exposure to international equities.



Key Features

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.



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%