Generation Magellan Global - Managed Fund

Fund Objective

The fund 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 Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund’s portfolio comprises 20 to 40 investments.

Fund Strategy

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-4.52%	-6.27%	-5.47%	-7.85%	5.11%	10.29%	6.19%	6.55%
Growth return	-3.06%	-9.03%	-7.46%	-9.53%	0.84%	9.07%	5.66%	6.34%
Income return	-1.46%	2.76%	1.99%	1.68%	4.27%	1.22%	0.53%	0.21%
Market index (MSCI World Ex Australia NR AUD)
Total return	-0.9%	2.55%	8.85%	12.53%	21.5%	22.08%	15.57%	13.23%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Magellan Global

International Equities: 95.20%

Cash: 4.80%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 90.16%

Cash: 1.69%

Australian Equities: 7.63%

Property & Infrastructure: 0.24%

Fixed Interest: -0.01%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	Generation Magellan Global
Responsible Entity	Austock Life Limited
APIR Code	ALL0005AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Investment Fund
Fund Inception	13 Aug 2004
Fund Size	$89135804 million (as at 30 Jan 2026)
Entry Price	$2.7453 (as at 18 Feb 2026)
Exit Price	$2.7415 (as at 18 Feb 2026)
Fund Status	Open

Offer information

Type	Description
Standard entry fee	4%
MER	2% (as at 20 May 2025)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2024)
Minimum initial investment	$500.00
Minimum additional investments	$1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
Amazon.com Inc	Equity	8.10%
Login now to view the complete list of holdings.

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Generation Magellan Global

What is the objective of the Generation Magellan Global managed fund?

The objective of the Generation Magellan Global managed fund is The fund 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 Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund’s portfolio comprises 20 to 40 investments.

What is the strategy for the Generation Magellan Global managed fund?

The strategy of the Generation Magellan Global managed fund is The fund 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 Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund’s portfolio comprises 20 to 40 investments.

What is the APIR code of the Generation Magellan Global managed fund?

The APIR code of the Generation Magellan Global managed fund is ALL0005AU.

What was Generation Magellan Global’s total return last month?

Generation Magellan Global’s total return last month was -4.52%. This was made up of a growth return of -3.06% and an income return of -1.46%. These returns were calculated as at 31 Jan 2026.

What was Generation Magellan Global’s total return for the last three months?

Generation Magellan Global’s total return for the last three months was -6.27%. This was made up of a growth return of -9.03% and an income return of 2.76%%. These returns were calculated as at 31 Jan 2026.

What is Generation Magellan Global’s one-year total return?

Generation Magellan Global’s one-year total return is -7.85%. This was made up of a growth return of -9.53% and an income return of 1.68%. These returns were calculated as at 31 Jan 2026.

What is Generation Magellan Global’s three-year total return?

Generation Magellan Global’s one-year total return is 10.29%. This was made up of a growth return of 9.07% and an income return of 1.22%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Generation Magellan Global managed fund?

The asset allocation of the Generation Magellan Global managed fund is :

International Equities: 95.20%

Cash: 4.80%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Generation Magellan Global managed fund?

The Responsible Entity for the Generation Magellan Global managed fund is Austock Life Limited.

What sector/asset class does the Generation Magellan Global managed fund belong to?

The Generation Magellan Global managed fund belongs to the Equity World Large Blend sector/asset class.

What is the size of the Generation Magellan Global managed fund?

As at 30 Jan 2026, the size of the Generation Magellan Global managed fund was $89135804 million.

What is the inception date of the Generation Magellan Global managed fund?

The Generation Magellan Global managed fund has an inception date of 13 Aug 2004.

What is the current entry price of the Generation Magellan Global managed fund?

The current entry price of the Generation Magellan Global managed fund is $2.7453 per unit and the current exit price is $2.7415 per unit (as at 18 Feb 2026).

What is the current exit price of the Generation Magellan Global managed fund?

The current exit price of the Generation Magellan Global managed fund is $2.7415 per unit and the current entry price is $2.7453 per unit (as at 18 Feb 2026).

What is the minimum investment amount for the Generation Magellan Global managed fund?

The minimum initial investment amount for the Generation Magellan Global managed fund is $500. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

What our members say about us