InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Magellan Global Equities Fund (Currency Hedged) (MHG)
  6. Fund details

Magellan Global Equities Fund (Currency Hedged) (ASX: MHG) - Share Price and Research

- Current share price for MHG : $3.970

Magellan Global Equities Fund (Currency Hedged) (MHG) 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 Equities Fund (Currency Hedged) (MHG) is an Exchange Traded Fund. Magellan is the Responsible Entity and Investment Manager for the Magellan Global Equities Fund (Managed Fund). The primary objectives of the fund are to achieve attractive risk-adjusted returns over the medium to long term while reducing the risk of permanent capital loss.

General Information

Magellan Global Equities Currency Hedged ETF
Magellan Asset Management Limited
Equity World - Currency Hedged
Vanguard Intl Shares Index Hdg AUD TR
starstar
starstar (as at 31 Oct 2024)
Investment Fund
3 Aug 2015
$104.08 million (as at 31 Oct 2024)
$3.3 (as at 30 Aug 2023)
$3.24 (as at 30 Aug 2023)

MHG ETF performance (31 Oct 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 -2.63 0.97 7.61 28.42 17.64 3.35 6.65 -
Growth return -2.63 0.97 5.79 23.77 12.87 -0.85 2.51 -
Income return (Yield) 0 0 1.82 4.65 4.77 4.2 4.14 -

Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87 5.67 9.66 13.17 16.48 15.02 12.89 11.13

Asset Allocation (31 Oct 2024)

Australian Equities 0%
International Equities 100%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The primary objectives of the Fund are to achieve attractive risk?adjusted returns over the medium to long-term while reducing the risk of permanent capital loss.
The Fund primarily invests in the securities of companies listed on stock exchanges around the world. The Fund's portfolio will comprise 20 to 40 stocks at any one time but will also have some exposure to cash. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases.

Offer information

MER 1.38% (as at 27 Nov 2023)
Indirect Cost Ratio (ICR) 1.35% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500.00

Top 10 holdings (as at 30 Sep 2024)

Holding Type % of Portfolio
Amazon.com Inc Equity 6.77%
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.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.