Munro Global Growth - 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 1.1 3.95 7.55 20.98 - - - -
Growth return -1.83 0.93 4.43 17.47 - - - -
Income return 2.93 3.02 3.12 3.51 - - - -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.17 0.5 0.95 1.82 1.8 1.93 2.19 3.22
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

International Equities
64.56%
Cash
34.29%
Australian Equities
1.15%

General Information

Fund Details
Type Description
Munro Global Growth
Grant Samuel Fund Services Limited
MUA0002AU
Alternative Strategies
Not Rated
Investment Fund
31 Jul 2016
$184.87 million (as at 30 Jun 2018)
$1.3213 (as at 13 Jul 2018)
$1.3173 (as at 13 Jul 2018)
Fund Objective
The Fund seeks to generate double digit annualised returns over the medium to long term, whilst maintaining a capital preservation mindset.
Fund Strategy
The Fund will invest in a global portfolio of listed equities with the aim of generating a double digit absolute annual return to Investors over the medium to long term. The number of equity holdings and option positions the Fund will hold at any point in time will typically range between 30 and 50 holdings. The Fund will generally invest in: international listed equities, cash equivalent instruments, exchange traded derivatives, and over the counter equity swaps.
Offer information
Type Description
Indirect Cost Ratio (ICR) 3.16% (as at 30 Jun 2017)
Performance fee (not included in ICR) 1.4948
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 Jan 2018)

Holding (as at 31 Jan 2018) Type % of Portfolio
Facebook Inc A Equity 5.11%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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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%

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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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