Munro Climate Change Leaders Active ETF - Managed Fund

Fund Objective

The Fund’s investment strategy is to 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 investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks.

Fund Strategy

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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.05%	-1.17%	3.33%	19.27%	40.16%	33.35%	-%	-%
Growth return	1.05%	-1.17%	3.33%	-0.02%	28.32%	25.63%	-%	-%
Income return	0%	0%	0%	19.29%	11.84%	7.72%	-%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	-0.9%	2.55%	8.85%	12.53%	21.5%	22.08%	15.57%	13.23%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Munro Climate Change Leaders Active ETF

Australian Equities: 49.06%

International Equities: 49.06%

Cash: 1.88%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 29.24%

International Equities: 68.98%

Cash: 1.28%

Property & Infrastructure: 0.24%

Fixed Interest: -0.02%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	Munro Climate Change Leaders Active ETF
APIR Code	GSF5810AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 Dec 2025)
Legal Structure	Investment Fund
Fund Inception	20 Jan 2022
Fund Size	$162231041 million (as at 31 Dec 2025)
Entry Price	$17.7963 (as at 30 Jan 2026)
Exit Price	$17.7429 (as at 30 Jan 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.90% (as at 21 Oct 2024)
Indirect Cost Ratio (ICR)	0.90% (as at 30 Jun 2025)
Savings plan comments
Redemption comments

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
GE Vernova Inc	Equity	8.87%
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FAQs about the Munro Climate Change Leaders Active ETF

What is the objective of the Munro Climate Change Leaders Active ETF managed fund?

The objective of the Munro Climate Change Leaders Active ETF managed fund is The Fund’s investment strategy is to 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 investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks.

What is the strategy for the Munro Climate Change Leaders Active ETF managed fund?

The strategy of the Munro Climate Change Leaders Active ETF managed fund is The Fund’s investment strategy is to 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 investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks.

What is the APIR code of the Munro Climate Change Leaders Active ETF managed fund?

The APIR code of the Munro Climate Change Leaders Active ETF managed fund is GSF5810AU.

What was Munro Climate Change Leaders Active ETF’s total return last month?

Munro Climate Change Leaders Active ETF’s total return last month was 1.05%. This was made up of a growth return of 1.05% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

What was Munro Climate Change Leaders Active ETF’s total return for the last three months?

Munro Climate Change Leaders Active ETF’s total return for the last three months was -1.17%. This was made up of a growth return of -1.17% and an income return of 0%%. These returns were calculated as at 31 Jan 2026.

What is Munro Climate Change Leaders Active ETF’s one-year total return?

Munro Climate Change Leaders Active ETF’s one-year total return is 19.27%. This was made up of a growth return of -0.02% and an income return of 19.29%. These returns were calculated as at 31 Jan 2026.

What is Munro Climate Change Leaders Active ETF’s three-year total return?

Munro Climate Change Leaders Active ETF’s one-year total return is 33.35%. This was made up of a growth return of 25.63% and an income return of 7.72%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Munro Climate Change Leaders Active ETF managed fund?

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

Australian Equities: 49.06%

International Equities: 49.06%

Cash: 1.88%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the Munro Climate Change Leaders Active ETF managed fund belong to?

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

What is the size of the Munro Climate Change Leaders Active ETF managed fund?

As at 31 Dec 2025, the size of the Munro Climate Change Leaders Active ETF managed fund was $162231041 million.

What is the inception date of the Munro Climate Change Leaders Active ETF managed fund?

The Munro Climate Change Leaders Active ETF managed fund has an inception date of 20 Jan 2022.

What is the current entry price of the Munro Climate Change Leaders Active ETF managed fund?

The current entry price of the Munro Climate Change Leaders Active ETF managed fund is $17.7963 per unit and the current exit price is $17.7429 per unit (as at 30 Jan 2026).

What is the current exit price of the Munro Climate Change Leaders Active ETF managed fund?

The current exit price of the Munro Climate Change Leaders Active ETF managed fund is $17.7429 per unit and the current entry price is $17.7963 per unit (as at 30 Jan 2026).

What is the minimum investment amount for the Munro Climate Change Leaders Active ETF managed fund?

The minimum initial investment amount for the Munro Climate Change Leaders Active ETF managed fund is $.

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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