Magellan Global Fund - Closed Class Units (ASX: MGF) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Magellan Global Fund - Closed Class Units Chart and Price Data

Fundamentals Data provided by Morningstar.

Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

  • Magellan Global Fund - Closed Class Units (ASX: MGF)
    Latest News

    Two retirees sitting on a bench together.
    Share Market News

    Magellan (ASX:MFG) is launching a new retirement fund. Here's what we know

    Magellan has finally released details about its new retirement-focused product. Here are the details

    Read more »

    asx shares to buy and hold represented by man happily hugging himself
    Financial Shares

    Hamish Douglass loads the bag as Magellan (ASX:MFG) funds top $110bn

    Magellan Financial Group Ltd (ASX: MFG) reported $110 billion in funds under management. Meanwhile, Hamish Douglass has been loading up.

    Read more »

    A man wearing glasses and a checkered shirt looks gobsmacked as he puts his hand to his cheek, representing the fall of the Zip share price is cheek
    Financial Shares

    Why the Magellan (ASX:MFG) share price has lost its magic

    Why has the Magellan Financial Group Ltd (ASX: MFG) share price been underperforming over the past year? Fund performance might…

    Read more »

    Share Market News

    RBA maintains record low rate while staunchly protecting bond market

    Yesterday the Reserve Bank of Australia (RBA) announced it will keep rates on hold at 0.1%. We take a look…

    Read more »

    Share Market News

    Billionaire Hamish Douglass says that rising interest rates could cause a share market crash

    Billionaire Hamish Douglass has warned that rising interest rates could cause a lot of volatility with the share market.

    Read more »

    colourful post it notes on wooden table with words illustrating cycle of fomo in the share market
    Share Market News

    Top fundie Hamish Douglass warns of ASX share market FOMO

    Top ASX fund manager Hamish Douglass of Magellan (ASX: MFG) has warned investors not to get too carried away with…

    Read more »

    How to invest

    How to invest in US shares in 2021

    How does an ASX investor buy popular US shares like Apple or Amazon.com? Here are some different ways to invest…

    Read more »

    Block letters 'ETF' on yellow/orange background with pink piggy bank
    Share Market News

    Magellan (ASX:MFG) launches new ETF offerings

    Magellan Financial Group (ASX: MFG) has just launched a new range of 'Core' ETFs. Here's a breakdown of the new…

    Read more »

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Jul 2024 $0.0366 0.00% Final 19 Jul 2024
    02 Jan 2024 $0.0369 0.00% Interim 17 Jan 2024
    03 Jul 2023 $0.0369 0.00% Final 21 Jul 2023
    03 Jan 2023 $0.0366 0.00% Interim 18 Jan 2023
    01 Jul 2022 $0.0366 0.00% Final 21 Jul 2022
    01 Jul 2021 $0.0366 0.00% Final 21 Jul 2021

    MGF ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Magellan Global Fund - Closed Class Units

    Magellan Global Fund (closed class) is an exchange traded fund. The Fund's objective is to achieve superior risk adjusted returns ov- er the medium tolong-term while minimizing the risk of permanent capital loss. The Fund invests in companies and businesses in the global financial services, consumer and infrastructure sectors. It was founded by Hamish Douglass and Chris Mackay in 2006 and is headquartered in Australia.

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    30 May 2024 Robert Fraser Transfer 133,121 $284,878
    Off-market transfer.
    21 Dec 2023 Robert Fraser Sell 158,092 $15,809
    On-market trade.
    21 Dec 2023 Hamish McLennan Sell 70,083 $7,008
    On-market trade.
    21 Dec 2023 John Eales Sell 235,377 $23,537
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr David Dixon Non-Executive Deputy Chairman Non-Executive Director Nov 2022
    No Profile Reported in Last Annual Report
    Mrs Deborah Page AM Non-Executive Director Oct 2023
    Mrs Page is a chair and company director with industry experience spanning various ASX listed, private, public sector and regulated entities including in the funds management, property, utilities, insurance, technology and renewables sectors. Mrs Page is currently a Non-Executive Director of Brickworks Limited, Growthpoint Properties Australia Limited and The Star Entertainment Group Limited. She was previously Chairman of Pendal Group Limited and Investa Listed Funds Management Limited (the responsible entity of ASX Listed Investa Office Fund) and a Non-Executive Director of GBST Holdings Limited, Australian Renewable Fuels Limited and Investa Property Group. She was also formerly Non-Executive Director of The Colonial Mutual Life Assurance Society Limited and Commonwealth Insurance Limited. She is also a Member of the Takeovers Panel and Chief Executive Women.
    Mr Robert Darius Fraser Non-Executive ChairmanNon-Executive Director Apr 2014
    Mr Fraser has over 30 years of investment banking experience, focusing in mergers and takeovers, corporate and financial analysis, capital management and equity capital markets. He is presently the Managing Director of TC Corporate Pty Limited, the corporate advisory division of Taylor Collison Limited stockbrokers of which he is a Director and principal.
    Mr John Anthony Eales Non-Executive Director Jul 2017
    Mr Eales has had 10 year international rugby career with the Wallabies from 1991 to 2001, captaining the side from 1996 until 2001. He has served in executive or advisory positions and as an investor and Director in a number of organisations.
    Mr Andrew James Formica Executive ChairmanExecutive Director Jul 2023
    Mr Formica has 30 years experience in leading and growing investment businesses within the funds management industry globally, 14 years of which were as CEO. Most recently, Andrew was Chief Executive Officer (CEO) and Director of Jupiter Asset Management plc, where he served from March 2019 to September 2022. Prior to this, Andrew was Co-CEO of Janus Henderson Group plc, and prior was the Chief Executive and a Board member of Henderson Group plc from 2008 before the merger with Janus Capital in 2017. Andrew was at Henderson and its prior business from 1993 and held various senior roles, including Joint Managing Director of Hendersons Listed Assets business (from September 2006) and Head of Equities (from September 2004). In the early part of his career, Andrew was an equities portfolio manager and analyst for AMPAM and Henderson. Andrew was also previously Deputy Chairman of the Board of the Investment Association and formerly a Board member of Hammerson Group plc.
    Mr Hamish Roy McLennan Non-Executive Director Mar 2016
    No profile reported in annual report
    Ms Catherine Louise Kovacs Non-Executive Director Nov 2023
    Ms Kovacs is a company director and financial services professional, currently serving on the boards of ASX listed, private and not for profit companies. Ms Kovacs is a Non-Executive Director of wealth tech HUB24, international payments provider OFX, Universities Admission Centre (UAC) for ACT and NSW, and lendtech Grapple Holdings Limited. Ms Kovacs has 30 years broad experience across the financial services sector including senior leadership roles at BT Investment Bank, Macquarie Group, Ellerston Capital and Westpac Banking Group.
    Ms Sophia Rahmani Managing Director May 2024
    Ms Rahmani has over 20 years experience in financial services .Most recently, Sophia was the Chief Executive Officer and Managing Director of Maple-Brown Abbott from October 2019 to March 2024. Prior to this, Sophia was the Chief Operating Officer, Pan Asia, for Janus Henderson Investors based in Singapore, having previously been with Henderson Global Investors as Chief Operating Officer, Australia, from 2013. Sophia also spent eight years with the Macquarie Group, principally in its asset management division, with experience across strategy, mergers and acquisitions, product and marketing.
    Ms Marcia Paulina Venegas Company Secretary Mar 2019
    -
    Kirsten Morton Chief Operating Officer and Chief Financial Office
    -
    Marcia Paulina Venegas Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) 116,806,816 8.14%
    Citicorp Nominees 93,001,163 6.48%
    Magellan Financial Group 49,828,587 3.47%
    Nulis Nominees (Australia) (Navigator Master Plan A/C) 46,819,533 3.26%
    Netwealth Investments (Wrap Services A/C) 39,283,519 2.74%
    BNP Paribas Nominees Hub24 Custodial Services (DRP A/C) 35,870,971 2.50%
    Navigator Australia (MLC Investment A/C) 31,766,696 2.21%
    BNP Paribas Nominees NZ (DRP A/C) 13,030,228 0.91%
    Netwealth Investments (Super Services A/C) 11,491,986 0.80%
    IOOF Investment Services (IPS Superfund A/C) 8,296,633 0.58%
    HSBC Custody Nominees (Australia) GSCO ECA 7,928,097 0.55%
    National Nominees 7,115,017 0.50%
    J P Morgan Nominees Australia 5,308,980 0.37%
    HSBC Custody Nominees (Australia) (GSCO Customers A/C) 4,370,332 0.30%
    Neweconomy Company AU Nominees (900 A/C) 4,013,515 0.28%
    Hobson Wealth Custodians (Resident Cash Account) 3,621,877 0.25%
    Jetan 3,571,891 0.25%
    HSBC Custody Nominees (Australia) (A/C 2) 3,209,636 0.22%
    Nota Bene Investments (Nota Bene Investment A/C) 2,833,333 0.20%
    HSBC Custody Nominees (Australia) (GSI EDA) 2,150,000 0.15%

    Profile

    since

    Note