InvestSMART

Munro Concentrated Global Growth C - Managed Fund

Fund Objective
The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.
Fund Strategy
The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 7.19% 13.25% 8.79% 21.78% -% -% -% -%
Growth return 7.26% 13.47% 9.13% 4.29% -% -% -% -%
Income return -0.07% -0.22% -0.34% 17.49% -% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 4.53% 6.44% 1.46% 14.18% 15.88% 17.79% 13.72% 13.25%
As at 31 May 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Munro Concentrated Global Growth C
International Equities
97.57%
Cash
2.43%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.14%
Cash
1.77%
Australian Equities
5.56%
Property & Infrastructure
0.24%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Munro Concentrated Global Growth C
GSF0540AU
Equity World Large Growth
Not Rated
Investment Fund
31 Mar 2025
$358.62 million (as at 30 Apr 2026)
$1.198 (as at 4 Jun 2026)
$1.1944 (as at 4 Jun 2026)
Open
Offer information
Type Description
MER 0.75% (as at 26 Mar 2025)
Minimum initial investment $100,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Apr 2026)

Holding (as at 30 Apr 2026) Type % of Portfolio
Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H 6.25%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Munro Concentrated Global Growth C

The objective of the Munro Concentrated Global Growth C managed fund is The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.

The strategy of the Munro Concentrated Global Growth C managed fund is The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market, and the resulting winning stocks. Munro Partners utilises its proprietary investment process to generate a focused investment universe and filters these structural growth ideas into a concentrated portfolio of investments. The Fund will generally invest in between 20 and 40 listed global equities (excluding Australia) including exchange traded funds and depositary receipts.

The APIR code of the Munro Concentrated Global Growth C managed fund is GSF0540AU.

Munro Concentrated Global Growth C’s total return last month was 7.19%. This was made up of a growth return of 7.26% and an income return of -0.07%. These returns were calculated as at 31 May 2026.

Munro Concentrated Global Growth C’s total return for the last three months was 13.25%. This was made up of a growth return of 13.47% and an income return of -0.22%%. These returns were calculated as at 31 May 2026.

Munro Concentrated Global Growth C’s one-year total return is 21.78%. This was made up of a growth return of 4.29% and an income return of 17.49%. These returns were calculated as at 31 May 2026.

Munro Concentrated Global Growth C’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2026.

The asset allocation of the Munro Concentrated Global Growth C managed fund is :

International Equities
97.57%
Cash
2.43%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Munro Concentrated Global Growth C managed fund belongs to the Equity World Large Growth sector/asset class.

As at 30 Apr 2026, the size of the Munro Concentrated Global Growth C managed fund was $358.62 million.

The Munro Concentrated Global Growth C managed fund has an inception date of 31 Mar 2025.

The current entry price of the Munro Concentrated Global Growth C managed fund is $1.198 per unit and the current exit price is $1.1944 per unit (as at 4 Jun 2026).

The current exit price of the Munro Concentrated Global Growth C managed fund is $1.1944 per unit and the current entry price is $1.198 per unit (as at 4 Jun 2026).

The minimum initial investment amount for the Munro Concentrated Global Growth C managed fund is $100,000. 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.