Magellan Global Open Units - Managed Fund

Fund Objective

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.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.24%	-2.97%	-9.1%	-1.01%	5.04%	9.17%	6.94%	10.29%
Growth return	3.36%	-2.64%	-12.8%	-9.76%	-4.02%	1.5%	0.72%	3.97%
Income return	-0.12%	-0.33%	3.7%	8.75%	9.06%	7.67%	6.22%	6.32%
Market index (MSCI World Ex Australia NR AUD)
Total return	4.44%	0.71%	-2.78%	15.06%	14.48%	16.52%	12.98%	13.41%

As at 30 Apr 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Magellan Global Open Units

International Equities: 94.19%

Cash: 5.81%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 91.87%

Cash: 1.91%

Australian Equities: 5.69%

Property & Infrastructure: 0.24%

Fixed Interest: -0.01%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	Magellan Global Open Units
Responsible Entity	Magellan Asset Management Limited
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 30 Apr 2026)
Legal Structure	Investment Fund
Fund Inception	29 Jun 2007
Fund Size	$4996.61 million (as at 30 Apr 2026)
Current Price	$2.68 (as at 14 May 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.89% (as at 5 May 2026)
Indirect Cost Ratio (ICR)	1.35% (as at 30 Jun 2025)
Minimum initial investment	$25,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

Top 10 holdings (as at 31 Mar 2026)

Holding (as at 31 Mar 2026)	Type	% of Portfolio
Amazon.com Inc		7.18%
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FAQs about the Magellan Global Open Units

What is the objective of the Magellan Global Open Units managed fund?

The objective of the Magellan Global Open Units managed fund is 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.

What is the strategy for the Magellan Global Open Units managed fund?

The strategy of the Magellan Global Open Units managed fund is 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.

What is the APIR code of the Magellan Global Open Units managed fund?

The APIR code of the Magellan Global Open Units managed fund is MGE0001AU.

What was Magellan Global Open Units’s total return last month?

Magellan Global Open Units’s total return last month was 3.24%. This was made up of a growth return of 3.36% and an income return of -0.12%. These returns were calculated as at 30 Apr 2026.

What was Magellan Global Open Units’s total return for the last three months?

Magellan Global Open Units’s total return for the last three months was -2.97%. This was made up of a growth return of -2.64% and an income return of -0.33%%. These returns were calculated as at 30 Apr 2026.

What is Magellan Global Open Units’s one-year total return?

Magellan Global Open Units’s one-year total return is -1.01%. This was made up of a growth return of -9.76% and an income return of 8.75%. These returns were calculated as at 30 Apr 2026.

What is Magellan Global Open Units’s three-year total return?

Magellan Global Open Units’s one-year total return is 9.17%. This was made up of a growth return of 1.5% and an income return of 7.67%. These returns were calculated as at 30 Apr 2026.

What is the asset allocation of the Magellan Global Open Units managed fund?

The asset allocation of the Magellan Global Open Units managed fund is :

International Equities: 94.19%

Cash: 5.81%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Magellan Global Open Units managed fund?

The Responsible Entity for the Magellan Global Open Units managed fund is Magellan Asset Management Limited.

What sector/asset class does the Magellan Global Open Units managed fund belong to?

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

What is the size of the Magellan Global Open Units managed fund?

As at 30 Apr 2026, the size of the Magellan Global Open Units managed fund was $4996.61 million.

What is the inception date of the Magellan Global Open Units managed fund?

The Magellan Global Open Units managed fund has an inception date of 29 Jun 2007.

What is the current entry price of the Magellan Global Open Units managed fund?

The current entry price of the Magellan Global Open Units managed fund is $2.6945 per unit and the current exit price is $2.6907 per unit (as at 12 May 2026).

What is the current exit price of the Magellan Global Open Units managed fund?

The current exit price of the Magellan Global Open Units managed fund is $2.6907 per unit and the current entry price is $2.6945 per unit (as at 12 May 2026).

What is the minimum investment amount for the Magellan Global Open Units managed fund?

The minimum initial investment amount for the Magellan Global Open Units managed fund is $25,000. Minimum additional investment is $5000.

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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