Magellan Global Trust (MGG) - Research


MGG General Information +

GICS Sub-Industry Diversified Capital Markets
Market Cap ($M) N:A
Current Price $1.870
Day High $1.895
Day Low $1.845
Last Close $1.870
Price Movement - ( No change )
Prices as at 16:40, 18 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MGG Company Overview

Business Description

Magellan Global Trust (MGG) offers investors the opportunity to invest in a specialised and focused global equity fund that aims to deliver investors a Target Cash Distribution yield of 4% per annum. Investors can buy and sell units on the ASX via their stockbroker or financial planner.

MGG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 176.64 16.80 0.00% 8.50 6.00 3.80% 0.0%

MGG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2018 A 2018 A
Magellan Global (MGG) $2,318M 0.0000 0.0000 0.0000 10.2124 0.0000 0.0000 3.20% 0.00% 0.00%
Macquarie Group (MQG) $43,641M -0.0933 0.1439 0.0499 17.0044 14.8648 14.1578 4.48% 4.62% 4.83%

MGG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 10.19 1.16 0.00
Market 0.67 14.70 1.17 1.02
Sector 0.94 13.70 1.04 2.36

MGG Directors

Name Position Start Date
Dr Brett Peter Cairns Chief Executive Officer, Executive Chairman, Executive Director 22 Jan 2007
Mr John A Eales Non-Executive Director 1 Jul 2017
Mr Paul Anthony Lewis Non-Executive Director 20 Dec 2006
Mr Hamish Roy McLennan Non-Executive Director 1 Mar 2016
Ms Karen Phin Non-Executive Director 23 Apr 2014
Kirsten Morton Non-Executive Director 5 Oct 2018
Mr Robert Darius Fraser Senior Independent Director, Non-Executive Director 23 Apr 2014

MGG Management

Name Position
Hamish Macquarie Douglass Chief Executive Officer,CIO and Lead Portfolio Manager
Marcia Venegas Company Secretary

MGG Substantial Shareholders

Holding Name
0 (0%) No substantial shareholder's information disclosed

MGG Calendar of Events

Date Event
26 February 2020 Report (Interim)
30 August 2019 Report (Prelim)
29 July 2019 Div Pay Date

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