Munro Concentrated Global Growth Fund

MUNRO CONCENTRATED GLOBAL GROWTH FUND
Inception date 31 October 2019
Strategy Invest in international listed equities, deploying a long-only equity strategy
Objective Aims to maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth-oriented equities issued by companies located anywhere in the world, except Australia
Number of Stocks 20–40 positions
Cash Weighting Maximum 10%, typically 5%
Currency Hedging 0%; the Fund is unhedged
Management Costs 1.10% p.a. management cost; 10% performance fee above high water mark and hurdle rate
Hurdle Rate The higher of the MSCI World (Ex-Australia) Total Return Net Index in AUD and the 10-year Australian Government Bond Rate
High Water Mark Yes
Minimum Investment $25,000
Distributions Annual
Pricing Daily
Responsible Entity GSFM Responsible Entity 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.

Please read the Product Disclosure Statement and Continuous Disclosure in full before applying.

Fund Reports

Monthly Updates

2019 Monthly Updates

NOV | 

Quarterly Updates

2019 Quarterly Updates

DEC 2019 |

Monthly Performance

JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN TOTAL
2020FY %

*Swipe across to view all table data 

Performance

Disclaimer: The Munro Concentrated Global Growth Fund’s calculations are in Australian dollars, based on the exit price with distributions reinvested, after ongoing fees and expenses but excluding taxation. Past performance is provided for illustrative purposes and is not a guide to future performance. The inception date is 31 October 2019.  The MSCI World (Ex-Australia) Total Return Net Index in AUD in Australian dollars. Updated 31 October 2019.

Unit Pricing