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Munro Concentrated Global Growth Fund (Managed Fund) (ASX: MCGG) - Share Price and Research

Current share price for MCGG : $15.670 0.14 (0.90%)+

Munro Concentrated Global Growth Fund (Managed Fund) (MCGG) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Munro Concentrated Global Growth Fund (Managed Fund) (MCCG) is an exchange traded fund which offers investors the opportunity to invest in an unhedged actively managed portfolio of listed equities, located anywhere in the world, except Australia. The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market and the resulting winning stocks. The Fund focuses on growth and structural changes, while being index unaware, through a disciplined investment process that provides access to a fully invested portfolio outside of Australia.

General Information

Munro Concentrated Global Growth Active ETF
GSF4817AU
Equity World Large Growth
MSCI World Ex Australia NR AUD
star
Not Rated
Investment Fund
3 Feb 2022
$25.49 million (as at 30 Nov 2024)
$15.6247 (as at 24 Dec 2024)
$15.6247 (as at 24 Dec 2024)

MCGG ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 7.19 13.95 16.13 48.09 31.7 - - -
Growth return 7.19 13.95 10.66 41.12 27.91 - - -
Income return (Yield) 0 0 5.47 6.97 3.79 - - -

Market index (MSCI World Ex Australia NR AUD)
Total return 5.18 8.79 13.61 30.23 22.04 11.92 13.37 13.17

Asset Allocation (30 Nov 2024)

Australian Equities 0%
International Equities 95.24%
Cash 4.76%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The investment return objective of the Fund is to maximise long term capital appreciation primarily through exposure to a concentrated long only portfolio of growth oriented 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) Index (Net) in $A(Benchmark) over a 5 to 7 year period.
The Fund's investment strategy is to invest in a concentrated portfolio of 20 to 40 investments from around the world, excluding Australia. Munro will focus on identifying and investing in global companies that have the potential to grow at a faster rate and a more sustainable basis than the overall market.

Offer information

MER 0.90% (as at 21 Oct 2024)
Indirect Cost Ratio (ICR) 1.42% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.72

Top 10 holdings (as at 31 Oct 2024)

Holding Type % of Portfolio
NVIDIA Corp Equity 7.48%
Login now to view the complete list of holdings.

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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Data shown on this website is sourced by Morningstar
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