InvestSMART

Munro Climate Change Leaders A - Managed Fund

Fund Objective
The investment return objective of the Fund is to maximise long term capital appreciation, by investing primarily in a concentrated long-only portfolio of companies focused on decarbonisation and climate change located anywhere in the world. The Fund aims to achieve a return greater than the MSCI All Country World Index (Net) in $A over a 5 to 7 year period.
Fund Strategy
The Fund is designed for investors seeking a long term exposure to a portfolio of high quality global growth and climate change focused equities with the potential for capital gains. The Fund may suit investors who are prepared to accept the risks of the Fund. The Fund will invest in a concentrated portfolio of 15 to 25 listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation.

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 5.56% 10.26% 21.09% 73.85% 32.22% 15.95% -% -%
Growth return 5.56% 10.26% 21.09% -% 32.05% 15.82% -% -%
Income return 0% 0% 0% -% 0.17% 0.13% -% -%
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

Munro Climate Change Leaders A
International Equities
96.60%
Cash
3.40%
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
Munro Climate Change Leaders A
GSF1423AU
Equity World Large Blend
starstarstarstarstar (as at 31 Oct 2024)
Investment Fund
29 Oct 2021
$57.19 million (as at 31 Oct 2024)
$1.6349 (as at 20 Nov 2024)
$1.6301 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.90% (as at 21 Oct 2024)
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Constellation Energy Corp Equity 9.87%
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FAQs about the Munro Climate Change Leaders A

The objective of the Munro Climate Change Leaders A managed fund is The investment return objective of the Fund is to maximise long term capital appreciation, by investing primarily in a concentrated long-only portfolio of companies focused on decarbonisation and climate change located anywhere in the world. The Fund aims to achieve a return greater than the MSCI All Country World Index (Net) in $A over a 5 to 7 year period.

The strategy of the Munro Climate Change Leaders A managed fund is The Fund is designed for investors seeking a long term exposure to a portfolio of high quality global growth and climate change focused equities with the potential for capital gains. The Fund may suit investors who are prepared to accept the risks of the Fund. The Fund will invest in a concentrated portfolio of 15 to 25 listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation.

The APIR code of the Munro Climate Change Leaders A managed fund is GSF1423AU.

Munro Climate Change Leaders A’s total return last month was 5.56%. This was made up of a growth return of 5.56% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Munro Climate Change Leaders A’s total return for the last three months was 10.26%. This was made up of a growth return of 10.26% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Munro Climate Change Leaders A’s one-year total return is 73.85%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Munro Climate Change Leaders A’s one-year total return is 15.95%. This was made up of a growth return of 15.82% and an income return of 0.13%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Munro Climate Change Leaders A managed fund is :

International Equities
96.60%
Cash
3.40%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Munro Climate Change Leaders A managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Oct 2024, the size of the Munro Climate Change Leaders A managed fund was $57.19 million.

The Munro Climate Change Leaders A managed fund has an inception date of 29 Oct 2021.

The current entry price of the Munro Climate Change Leaders A managed fund is $1.6349 per unit and the current exit price is $1.6301 per unit (as at 20 Nov 2024).

The current exit price of the Munro Climate Change Leaders A managed fund is $1.6301 per unit and the current entry price is $1.6349 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Munro Climate Change Leaders A managed fund is $10,000. Minimum additional investment is $1000.

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.