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  5. Magellan Core Infrastructure Fund - Managed fund profile

Magellan Core Infrastructure Fund - Managed Fund

Fund Objective
The Fund's primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term through investment in a diversified portfolio of high quality companies that meet the Investment Manager's definition of infrastructure.
Fund Strategy
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 and to mitigate currency risk on specific investments within the portfolio. It is our intention to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investments in overseas markets back to Australian Dollars.

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 2.99% 4.08% 11.14% 15.7% 5.43% 5.01% 4.09% 7.29%
Growth return 2.99% 4.08% 8.74% 10.81% 1.16% 0.99% 1.3% 0.22%
Income return 0% 0% 2.4% 4.89% 4.27% 4.02% 2.79% 7.07%
Market index (FTSE Dvlp Core Infra 50/50 NR Hdg AUD)
Total return 3.91% 5.26% 12.46% 21.01% 7.01% 6.54% 4.62% 6.75%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Magellan Core Infrastructure Fund
Australian Equities
4.79%
International Equities
92.70%
Cash
2.51%
Property
0%
Average Allocation of Peers
Australian Equities
3.92%
International Equities
87.82%
Cash
2.69%
Property
5.56%

General Information

Fund Details
Type Description
Magellan Core Infrastructure Fund
Magellan Asset Management Limited
Equity Global Infrastructure - Currency Hedged
starstarstar (as at 30 Nov 2024)
Investment Fund
16 Dec 2009
$428.05 million (as at 31 Oct 2024)
$1.47 (as at 30 Aug 2023)
$1.46 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 0.50% (as at 2 Dec 2024)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
National Grid PLC Equity 2.97%
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FAQs about the Magellan Core Infrastructure Fund

The objective of the Magellan Core Infrastructure Fund managed fund is The Fund's primary investment objective is to achieve attractive risk-adjusted returns over the medium to long term through investment in a diversified portfolio of high quality companies that meet the Investment Manager's definition of infrastructure.

The strategy of the Magellan Core Infrastructure Fund managed fund is 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 and to mitigate currency risk on specific investments within the portfolio. It is our intention to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investments in overseas markets back to Australian Dollars.

The APIR code of the Magellan Core Infrastructure Fund managed fund is .

Magellan Core Infrastructure Fund’s total return last month was 2.99%. This was made up of a growth return of 2.99% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Magellan Core Infrastructure Fund’s total return for the last three months was 4.08%. This was made up of a growth return of 4.08% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Magellan Core Infrastructure Fund’s one-year total return is 15.7%. This was made up of a growth return of 10.81% and an income return of 4.89%. These returns were calculated as at 30 Nov 2024.

Magellan Core Infrastructure Fund’s one-year total return is 5.01%. This was made up of a growth return of 0.99% and an income return of 4.02%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Magellan Core Infrastructure Fund managed fund is :

Australian Equities
4.79%
International Equities
92.70%
Cash
2.51%
Property
0%

The Responsible Entity for the Magellan Core Infrastructure Fund managed fund is Magellan Asset Management Limited.

The Magellan Core Infrastructure Fund managed fund belongs to the Equity Global Infrastructure - Currency Hedged sector/asset class.

As at 31 Oct 2024, the size of the Magellan Core Infrastructure Fund managed fund was $428.05 million.

The Magellan Core Infrastructure Fund managed fund has an inception date of 16 Dec 2009.

The current entry price of the Magellan Core Infrastructure Fund managed fund is $1.47 per unit and the current exit price is $1.46 per unit (as at 30 Aug 2023).

The current exit price of the Magellan Core Infrastructure Fund managed fund is $1.46 per unit and the current entry price is $1.47 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the Magellan Core Infrastructure Fund managed fund is $25,000. Minimum additional investment is $5000.

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.