Magellan Global Opportunities No 2AUnits
MGE0005AU
Magellan Global Opportunities No 2AUnits MGE0005AU Strategy
A portfolio of 20-40 investments which we believe can achieve sufficient diversification to ensure the Fund is not overly correlated to a single company, or to industry specific or macroeconomic risks. 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. Cash and cash equivalents exposure between 0 - 5%.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Magellan Global Opportunities No 2AUnits News & Analysis
funds
Aussie funds exposed to the Meta rout: Charts of the Week
Strategies run by Magellan, Hyperion and Lakehouse are among those caught up in the Meta selloff.
funds
Investors say 'yes' to Magellan Global restructure
The rejig aims to give unitholders in the unlisted Magellan Global fund more flexibility, allowing them to trade their units on the ASX.
funds
Wirecard scandal: Should fund managers bet big?
Fund managers are urged to have the courage of their convictions, but the scandal around the German payments provider shows how that approach can go wrong.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,288.10 | 53.60 | 0.58% |
| CAC 40 | 8,081.54 | 24.91 | 0.31% |
| DAX 40 | 24,378.80 | 43.76 | -0.18% |
| Dow JONES (US) | 46,803.51 | 283.79 | 0.61% |
| FTSE 100 | 9,491.25 | 63.52 | 0.67% |
| HKSE | 27,140.92 | 146.20 | -0.54% |
| NASDAQ | 22,785.17 | 58.88 | -0.26% |
| Nikkei 225 | 45,769.50 | 832.77 | 1.85% |
| NZX 50 Index | 13,514.09 | 62.33 | 0.46% |
| S&P 500 | 6,720.34 | 4.99 | 0.07% |
| S&P/ASX 200 | 8,987.40 | 50.80 | 0.57% |
| SSE Composite Index | 3,882.78 | 20.25 | 0.52% |