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  5. Magellan Sustainable ETF - Managed fund profile

Magellan Sustainable ETF - 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. These objectives incorporate consideration of environmental, social and governance risks and the application of a proprietary low carbon framework.
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 manage currency exposure. The Fund may also use exchange traded derivatives, in a limited manner, for risk management purposes. As a temporary measure during unusual economic or market conditions, the Fund may take steps to reduce the Fund's exposure to market risk through the use of futures contracts.

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 3.48% 6.9% 11.77% 21.98% 20.19% 9.38% -% -%
Growth return 3.48% 5.18% 9.96% 17.87% 15.79% 5.35% -% -%
Income return 0% 1.72% 1.81% 4.11% 4.4% 4.03% -% -%
Market index (MSCI World Ex Australia NR AUD )
Total return 4.08% 7.88% 13.89% 22.26% 19.92% 11.2% 13.39% 13.61%
As at 31 Jul 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Magellan Sustainable ETF
International Equities
96.30%
Cash
3.70%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.61%
Cash
3.61%
Australian Equities
2.74%
Property
1.80%
Fixed Interest
0.09%
Alternatives
0.14%

General Information

Fund Details
Type Description
Magellan Sustainable ETF
Magellan Asset Management Limited
Equity World Large Blend
starstarstar (as at 31 Jul 2024)
Investment Fund
10 Dec 2020
$8.66 million (as at 31 Jul 2024)
$2.65 (as at 30 Aug 2023)
$2.65 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 1.50% (as at 18 Jan 2024)
Indirect Cost Ratio (ICR) 1.78% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.42
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Microsoft Corp Equity 7.57%
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FAQs about the Magellan Sustainable ETF

The objective of the Magellan Sustainable ETF 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. These objectives incorporate consideration of environmental, social and governance risks and the application of a proprietary low carbon framework.

The strategy of the Magellan Sustainable ETF 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 manage currency exposure. The Fund may also use exchange traded derivatives, in a limited manner, for risk management purposes. As a temporary measure during unusual economic or market conditions, the Fund may take steps to reduce the Fund's exposure to market risk through the use of futures contracts.

The APIR code of the Magellan Sustainable ETF managed fund is .

Magellan Sustainable ETF’s total return last month was 3.48%. This was made up of a growth return of 3.48% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

Magellan Sustainable ETF’s total return for the last three months was 6.9%. This was made up of a growth return of 5.18% and an income return of 1.72%%. These returns were calculated as at 31 Jul 2024.

Magellan Sustainable ETF’s one-year total return is 21.98%. This was made up of a growth return of 17.87% and an income return of 4.11%. These returns were calculated as at 31 Jul 2024.

Magellan Sustainable ETF’s one-year total return is 9.38%. This was made up of a growth return of 5.35% and an income return of 4.03%. These returns were calculated as at 31 Jul 2024.

The asset allocation of the Magellan Sustainable ETF managed fund is :

International Equities
96.30%
Cash
3.70%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Magellan Sustainable ETF managed fund is Magellan Asset Management Limited.

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

As at 31 Jul 2024, the size of the Magellan Sustainable ETF managed fund was $8.66 million.

The Magellan Sustainable ETF managed fund has an inception date of 10 Dec 2020.

The current entry price of the Magellan Sustainable ETF managed fund is $2.65 per unit and the current exit price is $2.65 per unit (as at 30 Aug 2023).

The current exit price of the Magellan Sustainable ETF managed fund is $2.65 per unit and the current entry price is $2.65 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the Magellan Sustainable ETF 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.