Magellan High Conviction - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 1.28 6.74 6.32 18.99 19.9 12.38 - -
Growth return -6.65 -1.62 -2 9.68 13.82 5.8 - -
Income return 7.93 8.36 8.32 9.31 6.08 6.58 - -
Market index (MSCI World Ex Australia NR AUD)
Total return 2.33 5.53 6.37 15.39 15.06 9.95 14.91 9.15
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

International Equities
81.56%
Cash
18.44%

General Information

Fund Details
Type Description
Magellan High Conviction
Magellan Asset Management Limited
MGE0005AU
Equity World Large Blend
starstarstarstarstar (as at 30 Jun 2018)
Investment Fund
1 Jul 2013
$510.79 million (as at 30 Jun 2018)
$1.7537 (as at 18 Jul 2018)
$1.7501 (as at 18 Jul 2018)
Fund Objective
The primary objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term.
Fund Strategy
The Fund primarily invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash & cash equivalents. 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
Type Description
Indirect Cost Ratio (ICR) 2.50% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2017)

Holding (as at 30 Jun 2017) Type % of Portfolio
Alphabet Inc C Equity 15.07%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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