General Information

Magellan High Conviction
Magellan Asset Management Limited
MGE0005AU
Equity World Large Blend
starstarstarstarstar (as at 31 Jul 2017)
Investment Fund
1 Jul 2013
$364.73 million (as at 31 Jul 2017)
$1.5904 (as at 16 Aug 2017)
$1.5872 (as at 16 Aug 2017)

Fund performance (31 Jul 2017)

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 0.92 0.46 10.16 17.53 6.77 16 - -
Growth return 0.92 -1.78 7.71 14.92 1.58 10.49 - -
Income return 0 2.24 2.45 2.61 5.19 5.51 - -

Market index (MSCI World Ex Australia NR AUD)

Total return -1.67 -1.63 5.24 10.6 3.08 12.43 18.21 5.22
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Fund Performance Comparison

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Relative Fund Performance

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 89.51%
Cash 10.49%
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.
The Fund primarily invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases and to mitigate currency risk on specific investments within the portfolio.

Offer information

Indirect Cost Ratio (ICR) 1.51% (as at 30 Jun 2016)
Performance fee 0.01
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2016)

Holding Type % of Portfolio
Microsoft Corp Equity 12.63%
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