Magellan Global Open Class
MGE0001AU
Magellan Global Open Class MGE0001AU Strategy
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. The Magellan Global Fund RE endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan Global Fund’s portfolio comprises 20 to 40 investments.
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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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,013.70 | 8.20 | -0.10% |
| CAC 40 | 7,275.56 | 10.30 | -0.14% |
| DAX 40 | 21,171.22 | 34.64 | -0.16% |
| Dow JONES (US) | 38,858.48 | 688.07 | 1.80% |
| FTSE 100 | 8,309.41 | 33.75 | 0.41% |
| HKSE | 21,562.32 | 167.18 | 0.78% |
| NASDAQ | 16,175.65 | 304.75 | 1.92% |
| Nikkei 225 | 34,220.60 | 59.32 | -0.17% |
| NZX 50 Index | 11,836.69 | 282.30 | -2.33% |
| S&P 500 | 5,246.44 | 88.24 | 1.71% |
| S&P/ASX 200 | 7,816.70 | 2.40 | -0.03% |
| SSE Composite Index | 3,299.76 | 8.32 | 0.25% |