Morningstar Global Shares Z - Managed Fund (Closed)

Fund Objective

To achieve meaningful capital growth over the medium to long term, while minimising the risk of permanent capital loss.

Fund Strategy

The Portfolio invests in listed international shares with the aim of producing superior long-term total returns relative to the performance benchmark. To achieve this aim, Morningstar constructs a concentrated portfolio of companies that exhibit desirable fundamental quality and/or value characteristics.

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.

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Fees Comparison

% p.a.

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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	-2.93%	5.71%	7.11%	13.02%	3.54%	8.73%	11.07%	-%
Growth return	-2.93%	5.71%	6.21%	5.78%	-1.64%	-2.99%	-0.69%	-%
Income return	0%	0%	0.9%	7.24%	5.18%	11.72%	11.76%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	3.62%	-3.69%	1.24%	9.79%	9.43%	7.18%	12.14%	7.72%

As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Morningstar Global Shares Z

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 4.13%

Australian Equities: 94.49%

Cash: -0.73%

Property: 1.85%

Fixed Interest: 0.29%

Alternatives: -0.03%

General Information

Fund Details

Type	Description
Fund Name	Morningstar Global Shares Z
Fund Status	Closed
Responsible Entity	Morningstar Investment Management Austra
APIR Code	INT4623AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	1 Jul 2016
Fund Size	$13.34 million (as at 31 May 2023)
Entry Price	$1.52641 (as at 2 Jun 2023)
Exit Price	$1.52366 (as at 2 Jun 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	0.50% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR)	0.50% (as at 30 Jun 2022)
Performance fee (not included in ICR)	0
Minimum initial investment	$20,000
Minimum additional investments	$5,000.00

Top 10 holdings (as at 31 May 2023)

Holding (as at 31 May 2023)	Type	% of Portfolio
Morningstar Intl Shrs (Hdg) Fd - Cl A	Mutual Fund - Open End	23.30%
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FAQs about the Morningstar Global Shares Z

What is the objective of the Morningstar Global Shares Z managed fund?

The objective of the Morningstar Global Shares Z managed fund is To achieve meaningful capital growth over the medium to long term, while minimising the risk of permanent capital loss.

What is the strategy for the Morningstar Global Shares Z managed fund?

The strategy of the Morningstar Global Shares Z managed fund is The Portfolio invests in listed international shares with the aim of producing superior long-term total returns relative to the performance benchmark. To achieve this aim, Morningstar constructs a concentrated portfolio of companies that exhibit desirable fundamental quality and/or value characteristics.

What is the APIR code of the Morningstar Global Shares Z managed fund?

The APIR code of the Morningstar Global Shares Z managed fund is INT4623AU.

What was Morningstar Global Shares Z’s total return last month?

Morningstar Global Shares Z’s total return last month was -2.93%. This was made up of a growth return of -2.93% and an income return of 0%. These returns were calculated as at 31 May 2023.

What was Morningstar Global Shares Z’s total return for the last three months?

Morningstar Global Shares Z’s total return for the last three months was 5.71%. This was made up of a growth return of 5.71% and an income return of 0%%. These returns were calculated as at 31 May 2023.

What is Morningstar Global Shares Z’s one-year total return?

Morningstar Global Shares Z’s one-year total return is 13.02%. This was made up of a growth return of 5.78% and an income return of 7.24%. These returns were calculated as at 31 May 2023.

What is Morningstar Global Shares Z’s three-year total return?

Morningstar Global Shares Z’s one-year total return is 8.73%. This was made up of a growth return of -2.99% and an income return of 11.72%. These returns were calculated as at 31 May 2023.

What is the asset allocation of the Morningstar Global Shares Z managed fund?

The asset allocation of the Morningstar Global Shares Z managed fund is :

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Morningstar Global Shares Z managed fund?

The Responsible Entity for the Morningstar Global Shares Z managed fund is Morningstar Investment Management Austra.

What sector/asset class does the Morningstar Global Shares Z managed fund belong to?

The Morningstar Global Shares Z managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the Morningstar Global Shares Z managed fund?

As at 31 May 2023, the size of the Morningstar Global Shares Z managed fund was $13.34 million.

What is the inception date of the Morningstar Global Shares Z managed fund?

The Morningstar Global Shares Z managed fund has an inception date of 1 Jul 2016.

What is the current entry price of the Morningstar Global Shares Z managed fund?

The current entry price of the Morningstar Global Shares Z managed fund is $1.52641 per unit and the current exit price is $1.52366 per unit (as at 2 Jun 2023).

What is the current exit price of the Morningstar Global Shares Z managed fund?

The current exit price of the Morningstar Global Shares Z managed fund is $1.52366 per unit and the current entry price is $1.52641 per unit (as at 2 Jun 2023).

What is the minimum investment amount for the Morningstar Global Shares Z managed fund?

The minimum initial investment amount for the Morningstar Global Shares Z managed fund is $20,000. 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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