Quick Stats

Bid Price GBX 718.50 Offer Price GBX 754.80
Mid Price - Day Change GBX -2.30 (-0.32%)
Price Date 20 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 2.21 Fund Size 950,772,246.50
Launch Date 03/02/1997 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.90 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 2.21
ISIN GB0008377474 Min TopUp (£) 1,000.00

Fund Objective

The fund aims to achieve long-term capital appreciation by investing internationally in a focused portfolio of equities. The Scheme will invest primarily in equities, cash and near cash. Magellan’s investment philosophy is to find outstanding companies at attractive prices whilst maintaining a fundamental understanding of the wider macroeconomic environment, enabling them to effectively manage risk within the portfolio.

Fund Managers

Hamish Douglass
Hamish Douglass is Co-Founder, Chief Executive Officer and Chief Investment Officer of Magellan Financial Group, and Lead Portfolio Manager of MFG Asset Management’s Global Equity strategies. Prior to MFG Asset Management, Hamish was Co-Head of Global Banking for Deutsche Bank AG in Australia and New Zealand. Hamish is a former member of the Australian Government’s Financial Literacy Board, the Australian Government’s Takeovers Panel, the Australian Government’s Foreign Investment Review Board and the Forum of Young Global Leaders – World Economic Forum. Hamish is a member of Magellan's Investment Committee.