As at May 2024
Magellan Core ESG Fund
Manager Summary
Strategy Summary
The Fund's primary investment objective is to achieve risk-adjusted returns over the medium to long term through investment in a diversified portfolio of companies listed on stock exchanges around the world. This objective incorporates the consideration of ESG factors and the application of our low carbon framework. The Fund's portfolio will comprise 70-90 securities at any one time but will also have some exposure to cash. It is not the Magellan's intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases. The Fund may also use exchange traded derivatives, in a limited manner, for risk management purposes.
Key Terms
| Status: | Open | Inception Date: | Dec 2020 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Global | Domicile: | Australia |
| Investors: | Retail | Min. Investment: | AU$ 10,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 16.84m | Management Fee: | 0.51% |
| Manager FUM: | AU$ 37,200m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| May 2024: | 0.09% | 1.46% | Sharpe1: | 0.68 | 0.97 |
| 1 Year: | 13.13% | 21.18% | Sortino1: | 1.01 | 1.52 |
| 3 Years1,2: | 9.38% | 10.60% | Best Month1: | 8.52% | 6.05% |
| 5 Years1,2: | N/A | N/A | Worst Month1: | -7.20% | -5.21% |
| Inception1,2: | 10.84% | 12.42% | Volatility1,2: | 13.59% | 10.75% |
| Up-Capture1: | 102% | N/A | Down-Capture1: | 112% | N/A |