Munro Concentrated Global Growth Fund
Offers investors the opportunity to invest in an actively managed, concentrated portfolio of some of the most innovative and fastest growing companies in the world today.
Fund Overview
Munro Partners is focused on growth and the identification of sustainable growth trends that are under-appreciated, not well understood and mispriced by the market – and the stocks that are winners and losers as a result. The Fund focuses on the opportunities that arise from these growth trends and structural changes.
As growth investing experts, Munro leverages its global access to identify key Areas of Interest for further investigation. The team has constant interaction with corporate management, independent consultants, industry networks, sell-side research and the private equity community, all which contribute to the identification of new Areas of Interest and new investment opportunities.
Key investment ideas are further screened through a combination of clear and defined quantitative and qualitative tests to build a collection of high conviction, index, region and sector unaware investments. Positions are established in companies that Munro considers to have unrecognised potential.
Premised on a belief that earnings growth drives stock prices, Munro utilises its disciplined investment process to generate a focused investment universe and filters these ideas into a fully invested, concentrated portfolio of investments outside of Australia.
Entry and exit prices are available here.
QUICKLINKS
FUND FACTS
- APIRGSF9808AU
- Inception date31 October 2019
- DistributionsAnnually
- Fund Size at 30.11.2024$148.95 M
- Units on issue at 30.11.202485.15 M
HOW TO INVEST
Investment can be made using the Fund’s PDS or through key platforms, including:
- AMP MyNorth
- AMP North
- Asgard
- BT Panorama
- Colonial CFS Edge
- Colonial FirstWrap
- HUB24
- Macquarie Wrap
- Mason Stevens
- Netwealth
- PowerWrap
- Praemium
TERMS & CONDITIONS
BY CLICKING ON ‘I AGREE’, I DECLARE I AM A FINANCIAL SERVICES LICENSEE AS DEFINED IN THE CORPORATION ACT 2001.
What is a financial services licensee? A person or entity is a financial services licensee if they hold an Australian financial services licence issued pursuant to the Corporations Act 2001.
Portfolio Value of $10,000 Invested
Munro Concentrated Global Growth Fund Performance
As at 30 November 2024 |
Month % | 3 Months % | 1 Year % | 3 Years % p.a. | 5 Years % p.a. | 7 Years % p.a. | 10 Years % p.a. | Since Inception1 % p.a. |
---|---|---|---|---|---|---|---|---|
Fund2 | 7.20 | 14.03 | 48.42 | 13.75 | 18.64 | N/A | N/A | 19.42 |
Benchmark3 | 5.18 | 8.79 | 30.23 | 11.92 | 13.37 | N/A | N/A | 14.17 |
Over / (Under) | 2.02 | 5.24 | 18.19 | 1.83 | 5.27 | N/A | N/A | 5.25 |
Munro Concentrated Global Growth Fund Performance Components
As at 30 November 2024 |
Month % | 3 Months % | 1 Year % | 3 Years % p.a. | 5 Years % p.a. | 7 Years % p.a. | 10 Years % p.a. | Since Inception1 % p.a. |
---|---|---|---|---|---|---|---|---|
Distribution4 | 0.00 | 0.00 | 5.78 | 2.78 | 2.88 | N/A | N/A | 2.85 |
Growth | 7.20 | 14.03 | 42.64 | 10.97 | 15.76 | N/A | N/A | 16.57 |
Total | 7.20 | 14.03 | 48.42 | 13.75 | 18.64 | N/A | N/A | 19.42 |
1 31 October 2019
2 Fund returns are calculated net of management fees and assuming all distributions are reinvested
3 MSCI World (ex Australia) Total Return Net Index in AUD*
Past performance is not a reliable indicator of future performance.
* All data is the property of MSCI. No use or distribution without written consent. Data provided “as is” without any warranties. MSCI assumes no liability for or in connection with the data.
IMPORTANT INFORMATION
This material has been provided for general information purposes only and must not be construed as investment advice. This material has been prepared without taking account of the objectives, financial situation or needs of individuals. Before making an investment decision in relation to a Fund, investors should consider the appropriateness of this information, having regard to their own objectives, financial situation and needs, and read and consider the product disclosure statement (PDS) for the Fund prior to making any investment decision. The PDS is available on this website or by calling 1300 133 451.
Past performance information provided on this website is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Investing involves risk including loss of capital invested. None of GSFM Responsible Entity Services Limited, its related bodies or associates nor any other person guarantees the repayment of capital or the performance of the Fund or any particular returns from the Fund.
FUND AT A GLANCE
- Active, long only growth-focused global equity strategy
- High conviction portfolio of 20-40 companies
- Benchmark unaware with respect to sector, region and company
- Fully invested in structural growth opportunities outside of Australia
- Managed by a high-quality, experienced investment team
- Munro’s team invests in the Fund, creating a strong alignment of interests between the firm and its investors