Magellan Advantage Global - Managed Fund (Closed)

The objective of the Magellan Advantage Global managed fund is The primary objectives of the 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 Magellan Advantage Global managed fund is The Fund offers investors the opportunity to invest in a specialised and focused global equity fund. The Fund invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases and to mitigate currency risk on specific investments within the portfolio. It is not the intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets.

The APIR code of the Magellan Advantage Global managed fund is AMP2080AU.

Magellan Advantage Global’s total return last month was 0.55%. This was made up of a growth return of 0.55% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Magellan Advantage Global’s total return for the last three months was 3.09%. This was made up of a growth return of 3.09% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

Magellan Advantage Global’s one-year total return is 7.92%. This was made up of a growth return of -3.93% and an income return of 11.85%. These returns were calculated as at 31 Oct 2020.

Magellan Advantage Global’s one-year total return is 13.48%. This was made up of a growth return of 7.41% and an income return of 6.07%. These returns were calculated as at 31 Oct 2020.

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

The Responsible Entity for the Magellan Advantage Global managed fund is IPAC Asset Management Limited.

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

As at , the size of the Magellan Advantage Global managed fund was $ million.

The Magellan Advantage Global managed fund has an inception date of 11 Feb 2016.

The current entry price of the Magellan Advantage Global managed fund is $1.12565 per unit and the current exit price is $1.12407 per unit (as at 23 Nov 2020).

The current exit price of the Magellan Advantage Global managed fund is $1.12407 per unit and the current entry price is $1.12565 per unit (as at 23 Nov 2020).

The minimum initial investment amount for the Magellan Advantage Global managed fund is $0.