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  5. KeyInvest LEB - Magellan Global Fund - Managed fund profile

KeyInvest LEB - Magellan Global Fund - Managed Fund

Fund Objective
The primary objectives of Magellan Global Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss.
Fund Strategy
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 Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.98% 0.75% 5.4% 18.37% 13.27% 6.28% -% -%
Growth return 1.98% 0.75% 5.4% 18.37% 13.27% 6.28% 5.94% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

KeyInvest LEB - Magellan Global Fund
International Equities
94.74%
Cash
5.26%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Australian Equities
2.64%
Property
1.50%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
KeyInvest LEB - Magellan Global Fund
KeyInvest Limited
IOF0734AU
Equity World Large Blend
starstarstar (as at 31 Oct 2024)
Investment Fund
19 Oct 2016
$1.75 million (as at 31 Oct 2024)
$1.8395 (as at 18 Nov 2024)
$1.8369 (as at 18 Nov 2024)
Open
Offer information
Type Description
MER 1.87% (as at 28 May 2024)
Indirect Cost Ratio (ICR) 1.65% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $100.00
Minimum additional investments $100.00
Minimum redemption amount $100.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Amazon.com Inc Equity 6.94%
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FAQs about the KeyInvest LEB - Magellan Global Fund

The objective of the KeyInvest LEB - Magellan Global Fund managed fund is The primary objectives of Magellan Global Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss.

The strategy of the KeyInvest LEB - Magellan Global Fund 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.

The APIR code of the KeyInvest LEB - Magellan Global Fund managed fund is IOF0734AU.

KeyInvest LEB - Magellan Global Fund’s total return last month was 1.98%. This was made up of a growth return of 1.98% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

KeyInvest LEB - Magellan Global Fund’s total return for the last three months was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

KeyInvest LEB - Magellan Global Fund’s one-year total return is 18.37%. This was made up of a growth return of 18.37% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

KeyInvest LEB - Magellan Global Fund’s one-year total return is 6.28%. This was made up of a growth return of 6.28% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the KeyInvest LEB - Magellan Global Fund managed fund is :

International Equities
94.74%
Cash
5.26%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the KeyInvest LEB - Magellan Global Fund managed fund is KeyInvest Limited.

The KeyInvest LEB - Magellan Global Fund managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Oct 2024, the size of the KeyInvest LEB - Magellan Global Fund managed fund was $1.75 million.

The KeyInvest LEB - Magellan Global Fund managed fund has an inception date of 19 Oct 2016.

The current entry price of the KeyInvest LEB - Magellan Global Fund managed fund is $1.8395 per unit and the current exit price is $1.8369 per unit (as at 18 Nov 2024).

The current exit price of the KeyInvest LEB - Magellan Global Fund managed fund is $1.8369 per unit and the current entry price is $1.8395 per unit (as at 18 Nov 2024).

The minimum initial investment amount for the KeyInvest LEB - Magellan Global Fund managed fund is $100. Minimum additional investment is $100.

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.