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Generation Global Share - Managed Fund

Fund Objective
To deliver superior investment performance by taking a long-term investment view and integrating sustainability research within a rigorous fundamental equity analysis framework. The option aims to outperform the MSCI World (ex Australia) Index over rolling three-year periods before fees and taxes.
Fund Strategy
The option's strategy is to invest in high quality businesses, whose securities are attractively priced, with strong management teams that are capable of delivering superior long-term returns. Sustainable investing is the explicit recognition that economic, health, environmental, social and governance factors directly affect long-term business profitability. Whilst hedging may be used to manage currency exposures against the relevant benchmark, overall currency exposure will not be hedged back into Australian dollars.

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 1.61% 11.2% 24.29% 28.08% 11.33% 8.68% 11.95% 15.14%
Growth return 1.61% 11.2% 24.29% 27.9% 6.53% 0.27% 1.18% 3.34%
Income return 0% 0% 0% 0.18% 4.8% 8.41% 10.77% 11.8%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Global Share
International Equities
89.24%
Cash
5.76%
Property
5%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.32%
Cash
3.56%
Property
1.76%
Australian Equities
2.34%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Generation Global Share
FSF0908AU
Equity World Large Growth
starstarstarstar (as at 31 Mar 2024)
Investment Fund
3 Sep 2007
$799.59 million (as at 29 Feb 2024)
$1.7503 (as at 19 Apr 2024)
$1.7485 (as at 19 Apr 2024)
Closed
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.84% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0.62
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Amazon.com Inc Equity 6.79%
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FAQs about the Generation Global Share

The objective of the Generation Global Share managed fund is To deliver superior investment performance by taking a long-term investment view and integrating sustainability research within a rigorous fundamental equity analysis framework. The option aims to outperform the MSCI World (ex Australia) Index over rolling three-year periods before fees and taxes.

The strategy of the Generation Global Share managed fund is The option's strategy is to invest in high quality businesses, whose securities are attractively priced, with strong management teams that are capable of delivering superior long-term returns. Sustainable investing is the explicit recognition that economic, health, environmental, social and governance factors directly affect long-term business profitability. Whilst hedging may be used to manage currency exposures against the relevant benchmark, overall currency exposure will not be hedged back into Australian dollars.

The APIR code of the Generation Global Share managed fund is FSF0908AU.

Generation Global Share’s total return last month was 1.61%. This was made up of a growth return of 1.61% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Generation Global Share’s total return for the last three months was 11.2%. This was made up of a growth return of 11.2% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Generation Global Share’s one-year total return is 28.08%. This was made up of a growth return of 27.9% and an income return of 0.18%. These returns were calculated as at 31 Mar 2024.

Generation Global Share’s one-year total return is 8.68%. This was made up of a growth return of 0.27% and an income return of 8.41%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Generation Global Share managed fund is :

International Equities
89.24%
Cash
5.76%
Property
5%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Generation Global Share managed fund belongs to the Equity World Large Growth sector/asset class.

As at 29 Feb 2024, the size of the Generation Global Share managed fund was $799.59 million.

The Generation Global Share managed fund has an inception date of 3 Sep 2007.

The current entry price of the Generation Global Share managed fund is $1.7503 per unit and the current exit price is $1.7485 per unit (as at 19 Apr 2024).

The current exit price of the Generation Global Share managed fund is $1.7485 per unit and the current entry price is $1.7503 per unit (as at 19 Apr 2024).

The minimum initial investment amount for the Generation Global Share managed fund is $20,000.

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.