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KeyInvest LEB - Magellan Global Fund - 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
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 -3.41% -4.36% -1.85% -4.2% 6.81% 10.62% -% -%
Growth return 0.01% -4.32% -2.62% -3.22% 4.45% 10.57% 6.85% -%
Income return -3.42% -0.04% 0.77% -0.98% 2.36% 0.05% -% -%
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

KeyInvest LEB - Magellan Global Fund
International Equities
95.20%
Cash
4.80%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
68.98%
Cash
1.28%
Australian Equities
29.24%
Property & Infrastructure
0.24%
Fixed Interest
-0.02%
Alternatives
0.29%

General Information

Fund Details
Type Description
KeyInvest LEB - Magellan Global Fund
KeyInvest Limited
IOF0734AU
Equity World Large Blend
starstar (as at 30 Nov 2025)
Investment Fund
19 Oct 2016
$2098614 million (as at 31 Oct 2025)
$1.9018 (as at 27 Jan 2026)
$1.8991 (as at 27 Jan 2026)
Open
Offer information
Type Description
MER 1.70% (as at 21 Dec 2025)
Indirect Cost Ratio (ICR) 1.65% (as at 30 Jun 2024)
Minimum initial investment $100.00
Minimum additional investments $100.00
Minimum redemption amount $100.00

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
Amazon.com Inc Equity 8.10%
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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 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 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 -3.41%. This was made up of a growth return of 0.01% and an income return of -3.42%. These returns were calculated as at 31 Jan 2026.

KeyInvest LEB - Magellan Global Fund’s total return for the last three months was -4.36%. This was made up of a growth return of -4.32% and an income return of -0.04%%. These returns were calculated as at 31 Jan 2026.

KeyInvest LEB - Magellan Global Fund’s one-year total return is -4.2%. This was made up of a growth return of -3.22% and an income return of -0.98%. These returns were calculated as at 31 Jan 2026.

KeyInvest LEB - Magellan Global Fund’s one-year total return is 10.62%. This was made up of a growth return of 10.57% and an income return of 0.05%. These returns were calculated as at 31 Jan 2026.

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

International Equities
95.20%
Cash
4.80%
Australian Equities
0%
Property & Infrastructure
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 2025, the size of the KeyInvest LEB - Magellan Global Fund managed fund was $2098614 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 $1.9018 per unit and the current exit price is $1.8991 per unit (as at 27 Jan 2026).

The current exit price of the KeyInvest LEB - Magellan Global Fund managed fund is $1.8991 per unit and the current entry price is $1.9018 per unit (as at 27 Jan 2026).

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.