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  5. Munro Concentrated Global Growth A - Managed fund profile

Munro Concentrated Global Growth A - Managed Fund

Fund Objective
The investment return objective of the Fund is to maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth orientated equities issued by companies located anywhere in the world, except Australia. The Fund aims to achieve a return greater than the MSCI World (Ex-Australia) Total Return Net Index in AUD over a 5 to 7 year period. The Fund is not intended to replicate the index.
Fund Strategy
The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.

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 5.35% 5.12% 14.33% 45.76% 28.78% 12.98% 18.12% -%
Growth return 5.35% 5.12% 9.88% -% 25.64% 10.22% 15.25% -%
Income return 0% 0% 4.45% -% 3.14% 2.76% 2.87% -%
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 Concentrated Global Growth A
International Equities
95.40%
Cash
4.60%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.09%
Cash
2.54%
Australian Equities
2.65%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
Munro Concentrated Global Growth A
GSF9808AU
Equity World Large Growth
starstarstarstarstar (as at 30 Sep 2024)
Investment Fund
31 Oct 2019
$127.69 million (as at 30 Sep 2024)
$2.0481 (as at 5 Nov 2024)
$2.0419 (as at 5 Nov 2024)
Open
Offer information
Type Description
MER 1.24% (as at 30 Dec 2023)
Indirect Cost Ratio (ICR) 2.04% (as at 30 Jun 2024)
Performance fee (not included in ICR) 1.34
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Amazon.com Inc Equity 6.46%
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FAQs about the Munro Concentrated Global Growth A

The objective of the Munro Concentrated Global Growth A managed fund is The investment return objective of the Fund is to maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth orientated equities issued by companies located anywhere in the world, except Australia. The Fund aims to achieve a return greater than the MSCI World (Ex-Australia) Total Return Net Index in AUD over a 5 to 7 year period. The Fund is not intended to replicate the index.

The strategy of the Munro Concentrated Global Growth A managed fund is The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.

The APIR code of the Munro Concentrated Global Growth A managed fund is GSF9808AU.

Munro Concentrated Global Growth A’s total return last month was 5.35%. This was made up of a growth return of 5.35% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Munro Concentrated Global Growth A’s total return for the last three months was 5.12%. This was made up of a growth return of 5.12% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Munro Concentrated Global Growth A’s one-year total return is 45.76%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Munro Concentrated Global Growth A’s one-year total return is 12.98%. This was made up of a growth return of 10.22% and an income return of 2.76%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Munro Concentrated Global Growth A managed fund is :

International Equities
95.40%
Cash
4.60%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Munro Concentrated Global Growth A managed fund belongs to the Equity World Large Growth sector/asset class.

As at 30 Sep 2024, the size of the Munro Concentrated Global Growth A managed fund was $127.69 million.

The Munro Concentrated Global Growth A managed fund has an inception date of 31 Oct 2019.

The current entry price of the Munro Concentrated Global Growth A managed fund is $2.0481 per unit and the current exit price is $2.0419 per unit (as at 5 Nov 2024).

The current exit price of the Munro Concentrated Global Growth A managed fund is $2.0419 per unit and the current entry price is $2.0481 per unit (as at 5 Nov 2024).

The minimum initial investment amount for the Munro Concentrated Global Growth A managed fund is $25,000. 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.