Munro runs the long/short absolute return mandate: the Munro Global Growth Fund.
Index-unaware, aiming for meaningful absolute returns through the investment cycle, whilst maintaining a capital preservation mindset. Munro’s flexible investment mandate allows it to dynamically manage its market exposure and its currency exposure to protect clients capital and to enhance the long term returns of our investments.
Munro runs the long-only relative return mandate: the Munro Concentrated Global Growth Fund.
It focuses on building a long-only portfolio of 20 to 40 growth equities that will benefit from structural changes through a disciplined investment process that provides access to a fully invested portfolio outside of Australia.
We cover the miles, continuously meeting with global company management teams to find undiscovered global investment opportunities.
We identify sustainable growth trends that are underappreciated and mispriced by the market, and the resulting winning and losing stocks.
We conduct a comprehensive and disciplined investment process that seeks earnings upside/downside visibility, valuation multiple upside/downside and catalyst visibility.
The investment approach generates a high hit rate of performing ideas and allows them to be appropriately sized and monetised over long time periods.