Morningstar International Shares Active ETF - Managed Fund

Fund Objective

Aims to achieve capital growth over the long term, while minimising the risk of permanent capital loss, by providing exposure to listed international shares, supplemented by a passive currency overlay to reduce the risk of foreign currency price movements.

Fund Strategy

The Fund is a managed investment scheme registered with the ASIC. The Fund will invest predominantly in units of the Morningstar International Shares (Hedged) Fund (ARSN 092 227 435) ('Underlying Fund') and some cash. The Fund may also invest in derivatives to gain desired exposures or manage risks.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.63%	3.61%	8.73%	19.74%	12.85%	6.85%	9.12%	-%
Growth return	3.63%	3.61%	3.98%	14.51%	6.98%	3.11%	2.39%	-%
Income return	0%	0%	4.75%	5.23%	5.87%	3.74%	6.73%	-%
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

Morningstar International Shares Active ETF

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 98.13%

Australian Equities: 0.07%

Cash: 1.39%

Property: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Morningstar International Shares Active ETF
Responsible Entity	Morningstar Investment Management Austra
APIR Code
Sector/Asset Class	Equity World - Currency Hedged
Morningstar Rating	(as at 30 Nov 2024)
Legal Structure	Investment Fund
Fund Inception	26 Aug 2019
Fund Size	$264.31 million (as at 31 Oct 2024)
Entry Price	$9.61193 (as at 23 Dec 2024)
Exit Price	$9.58986 (as at 23 Dec 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.39% (as at 31 Oct 2024)
Indirect Cost Ratio (ICR)	0.39% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment

Top 10 holdings (as at 30 Nov 2024)

Holding (as at 30 Nov 2024)	Type	% of Portfolio
Chunghwa Telecom Co Ltd	Equity	2.85%
Login now to view the complete list of holdings.

FAQs about the Morningstar International Shares Active ETF

What is the objective of the Morningstar International Shares Active ETF managed fund?

The objective of the Morningstar International Shares Active ETF managed fund is Aims to achieve capital growth over the long term, while minimising the risk of permanent capital loss, by providing exposure to listed international shares, supplemented by a passive currency overlay to reduce the risk of foreign currency price movements.

What is the strategy for the Morningstar International Shares Active ETF managed fund?

The strategy of the Morningstar International Shares Active ETF managed fund is The Fund is a managed investment scheme registered with the ASIC. The Fund will invest predominantly in units of the Morningstar International Shares (Hedged) Fund (ARSN 092 227 435) ('Underlying Fund') and some cash. The Fund may also invest in derivatives to gain desired exposures or manage risks.

What is the APIR code of the Morningstar International Shares Active ETF managed fund?

The APIR code of the Morningstar International Shares Active ETF managed fund is .

What was Morningstar International Shares Active ETF’s total return last month?

Morningstar International Shares Active ETF’s total return last month was 3.63%. This was made up of a growth return of 3.63% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

What was Morningstar International Shares Active ETF’s total return for the last three months?

Morningstar International Shares Active ETF’s total return for the last three months was 3.61%. This was made up of a growth return of 3.61% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

What is Morningstar International Shares Active ETF’s one-year total return?

Morningstar International Shares Active ETF’s one-year total return is 19.74%. This was made up of a growth return of 14.51% and an income return of 5.23%. These returns were calculated as at 30 Nov 2024.

What is Morningstar International Shares Active ETF’s three-year total return?

Morningstar International Shares Active ETF’s one-year total return is 6.85%. This was made up of a growth return of 3.11% and an income return of 3.74%. These returns were calculated as at 30 Nov 2024.

What is the asset allocation of the Morningstar International Shares Active ETF managed fund?

The asset allocation of the Morningstar International Shares Active ETF managed fund is :

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the Morningstar International Shares Active ETF managed fund?

The Responsible Entity for the Morningstar International Shares Active ETF managed fund is Morningstar Investment Management Austra.

What sector/asset class does the Morningstar International Shares Active ETF managed fund belong to?

The Morningstar International Shares Active ETF managed fund belongs to the Equity World - Currency Hedged sector/asset class.

What is the size of the Morningstar International Shares Active ETF managed fund?

As at 31 Oct 2024, the size of the Morningstar International Shares Active ETF managed fund was $264.31 million.

What is the inception date of the Morningstar International Shares Active ETF managed fund?

The Morningstar International Shares Active ETF managed fund has an inception date of 26 Aug 2019.

What is the current entry price of the Morningstar International Shares Active ETF managed fund?

The current entry price of the Morningstar International Shares Active ETF managed fund is $9.61193 per unit and the current exit price is $9.58986 per unit (as at 23 Dec 2024).

What is the current exit price of the Morningstar International Shares Active ETF managed fund?

The current exit price of the Morningstar International Shares Active ETF managed fund is $9.58986 per unit and the current entry price is $9.61193 per unit (as at 23 Dec 2024).

What is the minimum investment amount for the Morningstar International Shares Active ETF managed fund?

The minimum initial investment amount for the Morningstar International Shares Active ETF managed fund is $0.

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.

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