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LIB - Magellan Global Fund Open - Managed Fund

Fund Objective
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 Fund aims to acquire these companies at discounts to their assessed intrinsic value. The Fund’s portfolio will comprise of 20-40 investments which achieves sufficient diversification to ensure the Fund is protected from over correlation to a single company, or to industry specific or macroeconomic risks.
Fund Strategy
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 Fund aims to acquire these companies at discounts to their assessed intrinsic value. The Fund’s portfolio will comprise of 20-40 investments which achieves sufficient diversification to ensure the Fund is protected from over correlation to a single company, or to industry specific or macroeconomic risks.

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 -1.3% -5.85% -4.23% -4.93% 3.19% 9.14% 5.78% -%
Growth return -99.99% -99.99% -99.99% -99.99% -98.92% -94.79% -82.94% -%
Income return 98.69% 94.14% 95.76% 95.06% 102.11% 103.93% 88.72% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -1.09% -4.68% 0.61% 5.74% 13.25% 18.52% 14.41% 13.36%
As at 28 Feb 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - Magellan Global Fund Open
International Equities
94.93%
Cash
5.07%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.07%
Cash
1.80%
Australian Equities
6.64%
Property & Infrastructure
0.21%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
LIB - Magellan Global Fund Open
Australian Unity Limited
LIF0705AU
Equity World Large Blend
starstar (as at 28 Feb 2026)
Investment Fund
12 Aug 2016
$28.68 million (as at 28 Feb 2026)
$1.80772 (as at 19 Mar 2026)
$1.80772 (as at 19 Mar 2026)
Open
Offer information
Type Description
MER 1.82% (as at 22 Jul 2025)
Indirect Cost Ratio (ICR) - Estimated 1.77% (as at 30 Jun 2025) (Estimated)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

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 LIB - Magellan Global Fund Open

The objective of the LIB - Magellan Global Fund Open managed fund is 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 Fund aims to acquire these companies at discounts to their assessed intrinsic value. The Fund’s portfolio will comprise of 20-40 investments which achieves sufficient diversification to ensure the Fund is protected from over correlation to a single company, or to industry specific or macroeconomic risks.

The strategy of the LIB - Magellan Global Fund Open managed fund is 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 Fund aims to acquire these companies at discounts to their assessed intrinsic value. The Fund’s portfolio will comprise of 20-40 investments which achieves sufficient diversification to ensure the Fund is protected from over correlation to a single company, or to industry specific or macroeconomic risks.

The APIR code of the LIB - Magellan Global Fund Open managed fund is LIF0705AU.

LIB - Magellan Global Fund Open’s total return last month was -1.3%. This was made up of a growth return of -99.99% and an income return of 98.69%. These returns were calculated as at 28 Feb 2026.

LIB - Magellan Global Fund Open’s total return for the last three months was -5.85%. This was made up of a growth return of -99.99% and an income return of 94.14%%. These returns were calculated as at 28 Feb 2026.

LIB - Magellan Global Fund Open’s one-year total return is -4.93%. This was made up of a growth return of -99.99% and an income return of 95.06%. These returns were calculated as at 28 Feb 2026.

LIB - Magellan Global Fund Open’s one-year total return is 9.14%. This was made up of a growth return of -94.79% and an income return of 103.93%. These returns were calculated as at 28 Feb 2026.

The asset allocation of the LIB - Magellan Global Fund Open managed fund is :

International Equities
94.93%
Cash
5.07%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the LIB - Magellan Global Fund Open managed fund is Australian Unity Limited.

The LIB - Magellan Global Fund Open managed fund belongs to the Equity World Large Blend sector/asset class.

As at 28 Feb 2026, the size of the LIB - Magellan Global Fund Open managed fund was $28.68 million.

The LIB - Magellan Global Fund Open managed fund has an inception date of 12 Aug 2016.

The current entry price of the LIB - Magellan Global Fund Open managed fund is $1.80772 per unit and the current exit price is $1.80772 per unit (as at 19 Mar 2026).

The current exit price of the LIB - Magellan Global Fund Open managed fund is $1.80772 per unit and the current entry price is $1.80772 per unit (as at 19 Mar 2026).

The minimum initial investment amount for the LIB - Magellan Global Fund Open managed fund is $1,000. Minimum additional investment is $100.

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.