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Magellan Global Fund (Open Class) (Managed Fund) (ASX: MGOC) - Share Price and Research

Current share price for MGOC : $3.410 0.02 (0.58%)+

Magellan Global Fund (Open Class) (Managed Fund) (MGOC) 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. Magellan Global Fund (Open Class) (Managed Fund) (MGOC) seeks to invest in outstanding companies at attractive prices, while exercising a deep understanding of the macroeconomic environment to manage investment risk.

General Information

Magellan Global Open Class
Magellan Asset Management Limited
MGE0001AU
Equity World Large Blend
MSCI World Ex Australia NR AUD
starstar
starstarstar (as at 30 Nov 2024)
Investment Fund
29 Jun 2007
$8311.05 million (as at 30 Nov 2024)
$3.399 (as at 18 Dec 2024)
$3.3942 (as at 18 Dec 2024)

MGOC 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 4.91 6.5 12.27 27.12 20.33 10.12 8.89 11.91
Growth return 4.91 6.5 10.45 22.71 15.81 5.92 4.73 5.93
Income return (Yield) 0 0 1.82 4.41 4.52 4.2 4.16 5.98

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 95.52%
Cash 4.48%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The primary objectives of Magellan Global Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss.
The fund aims to invest in companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. The Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund's portfolio comprises 20 to 40 investments.

Offer information

MER 1.40% (as at 23 Jul 2024)
Indirect Cost Ratio (ICR) 1.44% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.09
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding Type % of Portfolio
Amazon.com Inc Equity 6.94%
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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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