Global equity products

Access the world’s best investments on the ASX, in just one click

You buy from the world's best companies, so why not invest in them?

Magellan offers a number of highly-rated global equity products, providing you with simple one-click access to some of the world's best companies that we believe are well positioned to benefit from long-term investment tailwinds.

As an active investor, we believe that successful investing is about finding, and owning for the long term, companies that can generate excess returns for years to come. We do not look for stocks that might come into short-term favour on stock markets.

Whether you're investing for the first time, or usually invest with the support of a financial adviser or broker, Magellan's global products are easily accessible. Find out how to invest below.
 

  • Magellan Global Equities Fund

    (Currency Hedged) (Managed Fund) (ASX:MHG)

    An ASX-listed Active ETF investing in 20 to 40 of the world’s best global stocks and protect returns from currency movements

    Invest in three simple steps

    1. View the indicative Net Asset Value (iNav) *

    2. Check the current share price - MHG

    3. Buy on the ASX - Ticker Code MHG

    Investors should read the Product Disclosure Statement (PDS) prior to making any investment decisions.

    Investors should read the Product Disclosure Statement (PDS) prior to making any investment decisions.

  • Key fund features

    Magellan Global Equities Fund (MHG)
    Available on the ASX Yes, Ticker code: MHG
    Portfolio manager Hamish Douglass
    Hamish Douglass
    Number of companies 20-40
    Max cash 20%
    Currency hedging Hedged
    Distribution policy Paid annually
    Management fee 1.35%
    Performance fee

    10.0% of excess return over the higher of the Index Relative Hurdle (MSCI World Net Total Return Index (hedged to AUD)) and the Absolute Return Hurdle (the yield of 10-year Australian Government Bonds). Additionally, the performance fees are subject to a high water mark.

FAQs

Magellan’s listed and quoted funds are found on the ASX and you can buy and sell units in these funds as easily as you trade other listed shares. There is no minimum investment requirement for the listed funds with none of the paperwork generally associated with unlisted managed funds.

Magellan’s currency hedged funds substantially hedge the capital component of the fund’s foreign currency exposure arising from investments in overseas markets back to Australian Dollars.

Magellan’s Active ETFs are actively managed investment funds that are quoted on ASX and can be bought and sold just like any other stock listed on ASX. These funds provide investors with easy access to the benefits of investing in global equities and the investment experience and expertise of Magellan.

Magellan’s Global Equities funds typically hold 20-40 high quality investments whereas the MSCI World Index comprises more than 1,600 companies. As our portfolio looks nothing like the MSCI World Index and given our focus on risk and capital preservation, it is inevitable that we will periodically underperform this benchmark.  Over the cycle, however, we believe the strategy will produce appropriate risk adjusted performance while maintaining our focus on capital preservation, particularly in adverse market conditions.

Infrastructure assets generally produce reliable earnings when providing essential services to the community. Over time, the predictable earnings or cash-flow streams derived from infrastructure assets are expected to deliver income and capital growth for investors. Where our strategy is different is that we apply a stricter definition to what qualifies as infrastructure. We believe that a key reason why investors invest in infrastructure is that they seek the reliable returns that are associated with the asset class. To ensure we achieve this key objective we limit our investment universe to stocks that provide investors with predictable, through-the-cycle, inflation-linked returns. This means that we exclude infrastructure stocks whose earnings are exposed to competition, sovereign risk and changes in commodity prices.

We seek to be transparent with our clients and are making the following disclosures in relation to our listed funds:

  • ASX announcements under each ASX code;
  • Estimated Net Asset Value ("NAV") per Unit published on Magellan’s website daily;
  • Indicative intra-day NAV per Unit ("iNAV") published on Magellan's website daily and which is updated throughout the ASX trading day;
  • Monthly fund factsheets on Magellan's website and ASX; and
  • The full portfolio on a quarterly basis with a delay period of no longer than two months on Magellan's website and ASX.

Magellan’s unlisted funds can be accessed through a financial planner – the funds are generally available on all major platforms – or by investing directly with Magellan

Magellan’s listed funds can be accessed through a financial planner, stockbroker or an online trading account (e.g. CommSec, nabtrade, etc.). Units transact and settle in the same way as normal ASX shares and are settled via CHESS.

There is no minimum investment for Magellan’s listed funds. A minimum initial investment of $10,000 and minimum subsequent investment of $5000 applies to each of Magellan’s unlisted funds.