Magellan Global Wholesale
MGE3266AU
Magellan Global Wholesale MGE3266AU Strategy
Magellan 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. Magellan endeavours to acquire these companies at discounts to their assessed
intrinsic value.
The Fund’s portfolio will typically comprise 20 to 40 investments. Magellan believes such a portfolio will achieve sufficient diversification to ensure the Fund is not overly correlated to a single company, or to industry specific or macroeconomic risks.
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.
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Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,772.00 | 1.00 | -0.01% |
| CAC 40 | 7,662.59 | 3.32 | -0.04% |
| DAX 40 | 23,673.29 | 236.32 | -0.99% |
| Dow JONES (US) | 44,512.14 | 417.37 | 0.95% |
| FTSE 100 | 8,785.33 | 24.37 | 0.28% |
| HKSE | 24,072.28 | 211.87 | -0.87% |
| NASDAQ | 20,212.22 | 157.51 | -0.77% |
| Nikkei 225 | 39,986.33 | 501.06 | -1.24% |
| NZX 50 Index | 12,734.53 | 131.71 | 1.05% |
| S&P 500 | 6,199.11 | 5.84 | -0.09% |
| S&P/ASX 200 | 8,541.10 | 1.20 | -0.01% |
| SSE Composite Index | 3,444.43 | 20.20 | 0.59% |