Munro Global Growth Fund

MUNRO GLOBAL GROWTH FUND
Inception date 1 August 2016
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
Number of Stocks 30-50 positions
Cash Weighting 0-100%
Currency Hedging 0-100%; managed dynamically, with a bias to hedge back to base currency
Management Costs 1.35% p.a. management cost; 10% performance fee once above high water mark and hurdle rate
Hurdle Rate 10-year Australian Government Bond Rate plus 3.5% p.a.
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.

How to Invest

Platforms (APIR MUA0002AU)
BT Wrap Panorama
Netwealth Macquarie
Hub24 CFS First Wrap
MLC Ausmaq
Linear Powerwrap
mFunds uXchange
Asgard IOOF

Another way to invest in the Munro Global Growth Fund is through our Active ETF – MAET.ASX

MAET.ASX

ABOUT MAET.ASX

MAET is an actively managed ETF that invests in, and therefore tracks the performance of the Munro Global Growth Fund, our flagship global equity fund. MAET provides convenience and simplicity for investors to gain access to an actively managed portfolio of 30-50 global growth equities.

HOW TO INVEST

Place a ‘Buy’ or ‘Sell’ on the ASX for MAET via a broker.

PRODUCT DISCLOSURE STATEMENT

Please read the Product Disclosure Statement in full before investing.

BENEFITS

  • Instant access to 30-50 global growth equities identified to be part of the key structural changes that are occurring in the world today
  • Live pricing – as a traded security, MAET enables you to enter and exit your investment around iNAV on the ASX during trading hours
  • No minimum investment and no requirement for an application form
  • Read the fact sheet to learn more about MAET
MAET.ASX
Pricing

$5.2901


iNAV* as at 29-07-2021 at 13:12:16

* The iNav price is a continual feed (please refresh your browser to see the latest price).

Underlying Fund Munro Global Growth Fund
Management Costs 1.35% p.a. management cost; 10% performance fee once above high water mark and hurdle rate
Minimum Investment No minimum
Hurdle Rate 10-year Australian Government Bond Rate plus 3.5% p.a.
High Water Mark Yes
Distributions Annual
Fact Sheet Read the fact sheet here
Monthly Report Current Monthly Report
Quarterly Report Current Quarterly Report

Fund Reports

Monthly Updates

2021 Monthly Updates

JAN | FEB | MAR | APR | MAY | JUN

2020 Monthly Updates

JANFEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV| DEC

2019 Monthly Updates

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC

2018 Monthly Updates

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC

2017 Monthly Updates

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC 

Quarterly Updates

2020 Quarterly Updates

2021 Quarterly Updates

2019 Quarterly Updates

2018 Quarterly Updates

2017 Quarterly Updates

Zenith-Rating-Recommended
MUNRO-GLOBAL-GROWTH-FUND-BEST-LONG-SHORT-FUND-2020-aaia

Performance

JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN TOTAL
2017 FY 1.2% 1.1% -3.3% 2.2% 0.9% 1.9% 0.0% 2.1% 3.5% 4.2% -1.3% 12.9%
2018 FY 1.9% 3.3% 1.7% 6.7% 1.1% -2.5% 6.0% 0.1% -2.5% 0.0% 2.8% 1.1% 21.0%
2019 FY -0.4% 5.1% 0.9% -5.4% -3.1% -1.4% 2.1% 3.1% 1.2% 3.3% -4.1% 2.4% 3.1%
2020 FY 0.9% -0.6% -1.4% -0.3% 4.6% 0.7% 5.6% 0.6% 1.3% 4.2% 3.9% 2.1% 23.6%
2021 FY 6.1% 4.7% -0.8% 2.2% 2.7% 2.2% 1.5% 0.9% -1.5% 2.7% -3.5% 4.9% 24.2%

*Swipe across to view all table data 

Annualised Returns since inception: 17.0%

Annualised Volatility since inception: 9.1%

Beta (v MSCI Local): 0.5

Beta (v MSCI AUD): 0.5

Disclaimer: The Munro 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 1 August 2016. Unit prices were published monthly between 1 August 2016 and 28 February 2017. The MSCI World Index refers to the MSCI All Country World Net Index in Australian dollars. Updated 30 June 2021.

Unit Pricing