Montgomery Global Equities Fund

Montgomery Global Investment Management (Montgomery) has launched its first exchange traded global equity fund, the Montgomery Global Equities Fund (ASX: MOGL) (the Fund).

According to Montgomery, the Fund shares the same underlying investment strategy and substantially the same portfolio composition as the Montgomery Global Fund and will seek to mirror the performance of the existing strategy.

The Fund will "typically invest in a high conviction portfolio of 15 to 30 high quality stocks listed on major global stock exchanges with a focus on North America, Western Europe, the United Kingdom, Japan, Hong Kong, Singapore and Australia."

The Fund aims to provide investors with long term capital growth as well as income distributions of at least 4.5% per annum and to outperform the MSCI World Net Total Return Index, over a rolling 5-year period, net of fees.

Key Dates
IPO opened: 29 November 2017
IPO closed: 14 December 2017
Listed on ASX: 20 December 2017