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  5. Magellan Global Wholesale - Managed fund profile

Magellan Global Wholesale - Managed Fund

Fund Objective
The investment 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
Magellan 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. Magellan endeavours to acquire these companies at discounts to their assessed intrinsic value. The Fund's portfolio will typically comprise 20 to 40 investments. Magellan believes such a portfolio will achieve sufficient diversification to ensure the Fund is not overly correlated to a single company, or to industry specific or macroeconomic risks.

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 3.08% 0.75% 15.89% 20.08% 20.87% -% -% -%
Growth return 3.08% 0.75% 15.89% 17.89% 17.37% -% -% -%
Income return 0% 0% 0% 2.19% 3.5% -% -% -%
Market index (MSCI World Ex Australia NR AUD )
Total return 1.61% 0.28% 14.37% 19.92% 21.25% 11.18% 13.01% 13.13%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Magellan Global Wholesale
International Equities
94.88%
Cash
5.12%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.82%
Cash
3.42%
Australian Equities
2.75%
Property
1.76%
Fixed Interest
0.09%
Alternatives
0.16%

General Information

Fund Details
Type Description
Magellan Global Wholesale
Magellan Asset Management Limited
MGE3266AU
Equity World Large Blend
Not Rated
Investment Fund
29 Mar 2022
n/a
$3.084 (as at 12 Jul 2024)
$3.0796 (as at 12 Jul 2024)
Open
Offer information
Type Description
MER 0.80% (as at 20 Feb 2024)
Minimum initial investment $20,000,000
Minimum additional investments $100,000

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Microsoft Corp Equity 7.27%
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FAQs about the Magellan Global Wholesale

The objective of the Magellan Global Wholesale managed fund is The investment 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 Wholesale managed fund is Magellan 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. Magellan endeavours to acquire these companies at discounts to their assessed intrinsic value. The Fund's portfolio will typically comprise 20 to 40 investments. Magellan believes such a portfolio will achieve sufficient diversification to ensure the Fund is not overly correlated to a single company, or to industry specific or macroeconomic risks.

The APIR code of the Magellan Global Wholesale managed fund is MGE3266AU.

Magellan Global Wholesale’s total return last month was 3.08%. This was made up of a growth return of 3.08% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Magellan Global Wholesale’s total return for the last three months was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%%. These returns were calculated as at 30 Jun 2024.

Magellan Global Wholesale’s one-year total return is 20.08%. This was made up of a growth return of 17.89% and an income return of 2.19%. These returns were calculated as at 30 Jun 2024.

Magellan Global Wholesale’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2024.

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

International Equities
94.88%
Cash
5.12%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

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

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

The Magellan Global Wholesale managed fund has an inception date of 29 Mar 2022.

The current entry price of the Magellan Global Wholesale managed fund is $3.084 per unit and the current exit price is $3.0796 per unit (as at 12 Jul 2024).

The current exit price of the Magellan Global Wholesale managed fund is $3.0796 per unit and the current entry price is $3.084 per unit (as at 12 Jul 2024).

The minimum initial investment amount for the Magellan Global Wholesale managed fund is $20,000,000. Minimum additional investment is $100000.

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.