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  5. Magellan Global (Hedged) - Managed fund profile

Magellan Global (Hedged) - Managed Fund

Fund Objective
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.
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. 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 4.74% 2.99% 9.96% 24.55% 16.82% 6.06% 6.81% 8.97%
Growth return 4.74% 2.99% 8.1% 20.03% 12.07% 1.74% 2.66% 5.26%
Income return 0% 0% 1.86% 4.52% 4.75% 4.32% 4.15% 3.71%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Magellan Global (Hedged)
International Equities
96.26%
Cash
3.74%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
98.13%
Cash
1.39%
Australian Equities
0.07%
Property
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Magellan Global (Hedged)
Magellan Asset Management Limited
MGE0007AU
Equity World - Currency Hedged
starstarstar (as at 30 Nov 2024)
Investment Fund
1 Jul 2013
$381.02 million (as at 30 Nov 2024)
$2.0052 (as at 23 Dec 2024)
$2.0024 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.38% (as at 27 Nov 2023)
Indirect Cost Ratio (ICR) 1.37% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Amazon.com Inc Equity 6.75%
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FAQs about the Magellan Global (Hedged)

The objective of the Magellan Global (Hedged) 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 Global (Hedged) 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. 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 Global (Hedged) managed fund is MGE0007AU.

Magellan Global (Hedged)’s total return last month was 4.74%. This was made up of a growth return of 4.74% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Magellan Global (Hedged)’s total return for the last three months 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 Global (Hedged)’s one-year total return is 24.55%. This was made up of a growth return of 20.03% and an income return of 4.52%. These returns were calculated as at 30 Nov 2024.

Magellan Global (Hedged)’s one-year total return is 6.06%. This was made up of a growth return of 1.74% and an income return of 4.32%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Magellan Global (Hedged) managed fund is :

International Equities
96.26%
Cash
3.74%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Magellan Global (Hedged) managed fund is Magellan Asset Management Limited.

The Magellan Global (Hedged) managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 30 Nov 2024, the size of the Magellan Global (Hedged) managed fund was $381.02 million.

The Magellan Global (Hedged) managed fund has an inception date of 1 Jul 2013.

The current entry price of the Magellan Global (Hedged) managed fund is $2.0052 per unit and the current exit price is $2.0024 per unit (as at 23 Dec 2024).

The current exit price of the Magellan Global (Hedged) managed fund is $2.0024 per unit and the current entry price is $2.0052 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Magellan Global (Hedged) managed fund is $10,000. 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.