InvestSMART

ANZ Smart Choice Super - Magellan Global - Managed Fund

Fund Objective
Merlon’s investment approach is to build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon’s investment philosophy.
Fund Strategy
Merlon’s investment approach is to build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon’s investment philosophy.

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 -4.41% -5.61% -4.61% -4.58% 8.24% 12.84% 8.24% 9.05%
Growth return -4.37% -9.82% -8.1% -7.86% 3% 11.03% 7.45% 8.69%
Income return -0.04% 4.21% 3.49% 3.28% 5.24% 1.81% 0.79% 0.36%
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

ANZ Smart Choice Super - Magellan Global
International Equities
95.20%
Cash
4.80%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
90.05%
Cash
1.67%
Australian Equities
7.77%
Property & Infrastructure
0.24%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
ANZ Smart Choice Super - Magellan Global
MMF2152AU
Equity World Large Blend
starstar (as at 31 Jan 2026)
Superannuation Fund
25 May 2015
$26944648 million (as at 31 Jan 2026)
$2.33182 (as at 12 Feb 2026)
$2.32856 (as at 12 Feb 2026)
Open
Offer information
Type Description
MER 2.05% (as at 5 Dec 2025)
Indirect Cost Ratio (ICR) 2% (as at 30 Jun 2025)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
Amazon.com Inc Equity 8.10%
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FAQs about the ANZ Smart Choice Super - Magellan Global

The objective of the ANZ Smart Choice Super - Magellan Global managed fund is Merlon’s investment approach is to build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon’s investment philosophy.

The strategy of the ANZ Smart Choice Super - Magellan Global managed fund is Merlon’s investment approach is to build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon’s investment philosophy.

The APIR code of the ANZ Smart Choice Super - Magellan Global managed fund is MMF2152AU.

ANZ Smart Choice Super - Magellan Global’s total return last month was -4.41%. This was made up of a growth return of -4.37% and an income return of -0.04%. These returns were calculated as at 31 Jan 2026.

ANZ Smart Choice Super - Magellan Global’s total return for the last three months was -5.61%. This was made up of a growth return of -9.82% and an income return of 4.21%%. These returns were calculated as at 31 Jan 2026.

ANZ Smart Choice Super - Magellan Global’s one-year total return is -4.58%. This was made up of a growth return of -7.86% and an income return of 3.28%. These returns were calculated as at 31 Jan 2026.

ANZ Smart Choice Super - Magellan Global’s one-year total return is 12.84%. This was made up of a growth return of 11.03% and an income return of 1.81%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the ANZ Smart Choice Super - Magellan Global managed fund is :

International Equities
95.20%
Cash
4.80%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The ANZ Smart Choice Super - Magellan Global managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Jan 2026, the size of the ANZ Smart Choice Super - Magellan Global managed fund was $26944648 million.

The ANZ Smart Choice Super - Magellan Global managed fund has an inception date of 25 May 2015.

The current entry price of the ANZ Smart Choice Super - Magellan Global managed fund is $2.33182 per unit and the current exit price is $2.32856 per unit (as at 12 Feb 2026).

The current exit price of the ANZ Smart Choice Super - Magellan Global managed fund is $2.32856 per unit and the current entry price is $2.33182 per unit (as at 12 Feb 2026).

The minimum initial investment amount for the ANZ Smart Choice Super - Magellan Global managed fund is $0. Minimum additional investment is $0.

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.