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  5. OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF - Managed fund profile

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF - Managed Fund

Fund Objective
The primary objectives of Magellan Global Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss.
Fund Strategy
The fund aims to invest in companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. The Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund's portfolio comprises 20 to 40 investments.

Fund Performance Comparison

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Fees Comparison

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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.
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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 1.32% 14.37% 21.89% 25.73% 8.4% 5.4% 6.18% 9.51%
Growth return 1.32% 14.37% 21.89% -15.31% -11.03% -8.59% -5.3% -2.89%
Income return 0% 0% 0% 41.04% 19.43% 13.99% 11.48% 12.4%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF
International Equities
94.34%
Cash
5.66%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.04%
Cash
3.01%
Australian Equities
3.12%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF
OnePath Funds Management Limited
MMF0417AU
Equity World Large Blend
star (as at 31 Mar 2024)
Investment Fund
19 Aug 2002
$5.86 million (as at 31 Mar 2024)
$0.5832 (as at 17 Apr 2024)
$0.5824 (as at 17 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.88% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0.09
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Microsoft Corp Equity 7.18%
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FAQs about the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF

The objective of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is The primary objectives of Magellan Global Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss.

The strategy of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is The fund aims to invest in companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. The Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund's portfolio comprises 20 to 40 investments.

The APIR code of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is MMF0417AU.

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF’s total return last month was 1.32%. This was made up of a growth return of 1.32% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF’s total return for the last three months was 14.37%. This was made up of a growth return of 14.37% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF’s one-year total return is 25.73%. This was made up of a growth return of -15.31% and an income return of 41.04%. These returns were calculated as at 31 Mar 2024.

OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF’s one-year total return is 5.4%. This was made up of a growth return of -8.59% and an income return of 13.99%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is :

International Equities
94.34%
Cash
5.66%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is OnePath Funds Management Limited.

The OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Mar 2024, the size of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund was $5.86 million.

The OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund has an inception date of 19 Aug 2002.

The current entry price of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is $0.5832 per unit and the current exit price is $0.5824 per unit (as at 17 Apr 2024).

The current exit price of the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is $0.5824 per unit and the current entry price is $0.5832 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the OnePath OneAnswer - Investment Portfolio - Magellan Global Trust NEF managed fund is $0. Minimum additional investment is $0.

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.