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  5. Magellan Global (Open Class) - Managed fund profile

Magellan Global (Open Class) - 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 2.66% 1.08% 7.64% 26.25% 19.15% 9.09% 8.88% 12.25%
Growth return 2.66% 1.08% 5.89% -% 14.67% 4.93% 4.68% 6.24%
Income return 0% 0% 1.75% -% 4.48% 4.16% 4.2% 6.01%
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

Magellan Global (Open Class)
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
Magellan Global (Open Class)
Magellan Asset Management Limited
Equity World Large Blend
starstarstar (as at 31 Oct 2024)
Investment Fund
29 Jun 2007
$8057.73 million (as at 31 Oct 2024)
$2.7 (as at 30 Aug 2023)
$2.69 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 1.40% (as at 27 Nov 2023)
Indirect Cost Ratio (ICR) 1.44% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.09
Minimum initial investment $10,000.00

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 Magellan Global (Open Class)

The objective of the Magellan Global (Open Class) 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 Magellan Global (Open Class) 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 Magellan Global (Open Class) managed fund is .

Magellan Global (Open Class)’s total return last month was 2.66%. This was made up of a growth return of 2.66% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Magellan Global (Open Class)’s total return for the last three months was 1.08%. This was made up of a growth return of 1.08% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Magellan Global (Open Class)’s one-year total return is 26.25%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Magellan Global (Open Class)’s one-year total return is 9.09%. This was made up of a growth return of 4.93% and an income return of 4.16%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Magellan Global (Open Class) 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 Magellan Global (Open Class) managed fund is Magellan Asset Management Limited.

The Magellan Global (Open Class) managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Oct 2024, the size of the Magellan Global (Open Class) managed fund was $8057.73 million.

The Magellan Global (Open Class) managed fund has an inception date of 29 Jun 2007.

The current entry price of the Magellan Global (Open Class) managed fund is $2.7 per unit and the current exit price is $2.69 per unit (as at 30 Aug 2023).

The current exit price of the Magellan Global (Open Class) managed fund is $2.69 per unit and the current entry price is $2.7 per unit (as at 30 Aug 2023).

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

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.