Magellan Global Fund traded at 2.21 this Thursday July 11th, increasing 0.03 or 1.38 percent since the previous trading session. Looking back, over the last four weeks, Magellan Global Fund gained 0 percent. Over the last 12 months, its price rose by 37.27 percent. Looking ahead, we forecast Magellan Global Fund to be priced at 2.17 by the end of this quarter and at 2.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Magellan Global Fund (the Fund) is a managed investment scheme. The Fund’s investment portfolio primarily comprises listed equity investments. 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, in accordance with its investment strategy. The Fund invests in a portfolio of between 20 and 40 global equity stocks. Magellan Asset Management Limited acts as both a responsible entity and an investment manager.