21 May 2018
|Inception||1 Aug 2016|
|June 2017 distribution of $0.0348 per unit|
April 2018 Monthly Report
Structure: Australian unit trust – open to retail and wholesale clients
Strategy: Invest in international listed equities, deploying a long / short equity strategy with a long bias
Objective: Aims to provide investors with meaningful, risk adjusted, absolute returns through exposure to global growth equities over the medium to long term, while maintaining a capital preservation mindset
Minimum Investment: $25,000
Applications / Withdrawals: Daily
Number of Stocks: 30–50 positions
Cash Weighting: 0-100%
Currency Hedging: 0-100%; biased to maintaining high levels of hedging
Fees: 1.35% p.a. management cost; 10% performance fee once above high water mark and hurdle rate
Responsible Entity: Grant Samuel Fund Services Limited ACN 129 256 104; AFSL 321517
Munro provides all investors an institutional quality, global fund manager with the ability to identify sustainable growth trends that are under-appreciated and mis-priced by the market, and the resulting winning and losing stocks.
Munro seeks to invest client’s money as we invest our own.