The Magellan Global Fund turns 10

Over the ten years to 30 June 2017, the Magellan Global Fund (the Fund) has returned 11.04% (net of fees), 6.02% above the performance of the MSCI World Index which returned 5.02% over the same period.

The specialised and focused long-only global equity Fund seeks to invest in a concentrated portfolio of 20 to 40 high quality global companies which are considered to have highly attractive business characteristics at a discount to the assessment of their intrinsic value.

The investment objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long term, while reducing the risk of permanent capital loss.