Munro Global Growth - Managed Fund

Fund Objective

The objective of the Fund is to provide investors with meaningful, risk adjusted, absolute returns through exposure to global growth equities over the medium to long term, while maintaining a capital preservation mindset.

Fund Strategy

Munro's investment philosophy focuses on identifying and investing in companies that have the potential to grow at a faster rate and more sustainable basis than the overall market.

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.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% 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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-1.77%	6.99%	8.78%	22.33%	24.8%	19.45%	10.7%	-%
Growth return	-1.77%	-12.1%	-10.63%	0.5%	10.75%	10.31%	3.95%	-%
Income return	0%	19.09%	19.41%	21.83%	14.05%	9.14%	6.75%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	0.92%	6.62%	5.1%	20.06%	19.45%	20.5%	15.74%	12.6%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Munro Global Growth

International Equities: 94.06%

Cash: 5.94%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 95.75%

Cash: 1.75%

Australian Equities: 1.20%

Property & Infrastructure: 1.16%

Fixed Interest: 0%

Alternatives: 0.15%

General Information

Fund Details

Type	Description
Fund Name	Munro Global Growth
APIR Code	MUA0002AU
Sector/Asset Class	Equity World Long Short
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	1 Aug 2016
Fund Size	$1179.85 million (as at 31 Aug 2025)
Entry Price	$1.9941 (as at 8 Sep 2025)
Exit Price	$1.9881 (as at 8 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	2.54% (as at 24 Oct 2024)
Indirect Cost Ratio (ICR)	3.13% (as at 30 Jun 2024)
Performance fee (not included in ICR)	1.78
Minimum initial investment	$10,000.00
Minimum additional investments	$5,000.00
Minimum redemption amount	$10,000.00

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025)	Type	% of Portfolio
NVIDIA Corp	Equity	9.10%
Login now to view the complete list of holdings.

FAQs about the Munro Global Growth

What is the objective of the Munro Global Growth managed fund?

The objective of the Munro Global Growth managed fund is The objective of the Fund is to provide investors with meaningful, risk adjusted, absolute returns through exposure to global growth equities over the medium to long term, while maintaining a capital preservation mindset.

What is the strategy for the Munro Global Growth managed fund?

The strategy of the Munro Global Growth managed fund is Munro's investment philosophy focuses on identifying and investing in companies that have the potential to grow at a faster rate and more sustainable basis than the overall market.

What is the APIR code of the Munro Global Growth managed fund?

The APIR code of the Munro Global Growth managed fund is MUA0002AU.

What was Munro Global Growth’s total return last month?

Munro Global Growth’s total return last month was -1.77%. This was made up of a growth return of -1.77% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Munro Global Growth’s total return for the last three months?

Munro Global Growth’s total return for the last three months was 6.99%. This was made up of a growth return of -12.1% and an income return of 19.09%%. These returns were calculated as at 31 Aug 2025.

What is Munro Global Growth’s one-year total return?

Munro Global Growth’s one-year total return is 22.33%. This was made up of a growth return of 0.5% and an income return of 21.83%. These returns were calculated as at 31 Aug 2025.

What is Munro Global Growth’s three-year total return?

Munro Global Growth’s one-year total return is 19.45%. This was made up of a growth return of 10.31% and an income return of 9.14%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Munro Global Growth managed fund?

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

International Equities: 94.06%

Cash: 5.94%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the Munro Global Growth managed fund belong to?

The Munro Global Growth managed fund belongs to the Equity World Long Short sector/asset class.

What is the size of the Munro Global Growth managed fund?

As at 31 Aug 2025, the size of the Munro Global Growth managed fund was $1179.85 million.

What is the inception date of the Munro Global Growth managed fund?

The Munro Global Growth managed fund has an inception date of 1 Aug 2016.

What is the current entry price of the Munro Global Growth managed fund?

The current entry price of the Munro Global Growth managed fund is $1.9941 per unit and the current exit price is $1.9881 per unit (as at 8 Sep 2025).

What is the current exit price of the Munro Global Growth managed fund?

The current exit price of the Munro Global Growth managed fund is $1.9881 per unit and the current entry price is $1.9941 per unit (as at 8 Sep 2025).

What is the minimum investment amount for the Munro Global Growth managed fund?

The minimum initial investment amount for the Munro Global Growth managed fund is $10,000. 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.

What our members say about us