InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Munro Concentrated Global Growth Fund (Managed Fund) (MCGG)
  6. Fund details

Munro Concentrated Global Growth Fund (Managed Fund) (ASX: MCGG) - Share Price and Research

Current share price for MCGG : $12.760 0.24 (1.85%)

Munro Concentrated Global Growth Fund (Managed Fund) (MCCG) is an exchange traded fund which offers investors the opportunity to invest in an unhedged actively managed portfolio of listed equities, located anywhere in the world, except Australia. The investment strategy is designed to identify sustainable growth trends that are under appreciated and mispriced by the market and the resulting winning stocks. The Fund focuses on growth and structural changes, while being index unaware, through a disciplined investment process that provides access to a fully invested portfolio outside of Australia.

General Information

Munro Concentrated Global Growth ETF
GSF4817AU
Equity World Large Growth
MSCI World Ex Australia NR AUD
Not Rated
Investment Fund
3 Feb 2022
$11.84 million (as at 31 Mar 2024)
$12.8833 (as at 18 Apr 2024)
$12.8833 (as at 18 Apr 2024)

Fund performance (31 Mar 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 2.82 24.74 33.52 43.9 19.6 - - -
Growth return 2.82 24.74 33.52 42.45 17.66 - - -
Income return 0 0 0 1.45 1.94 - - -

Market index (MSCI World Ex Australia NR AUD)
Total return 3.02 14.06 20.11 28.72 15.87 14.43 - 13.43

Asset Allocation (31 Mar 2024)

Australian Equities 0%
International Equities 97.18%
Cash 2.82%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The investment return objective of the Fund is to maximise long term capital appreciation primarily through exposure to a concentrated long only portfolio of growth oriented equities issued by companies located anywhere in the world, except Australia. The Fund aims to achieve a return greater than the MSCI World (Ex-Australia) Index (Net) in $A(Benchmark) over a 5 to 7 year period.
The Fund's investment strategy is to invest in a concentrated portfolio of 20 to 40 investments from around the world, excluding Australia. Munro will focus on identifying and investing in global companies that have the potential to grow at a faster rate and a more sustainable basis than the overall market.

Offer information

Indirect Cost Ratio (ICR) 0.70% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0

Top 10 holdings (as at 31 Jan 2024)

Holding Type % of Portfolio
NVIDIA Corp Equity 9.40%
Login now to view the complete list of holdings.

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.

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
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.