Vinva Global Alpha Fund (Hedged)

Exposure to a diversified portfolio of typically over 300 global listed companies through an active systematic investment approach.

The Fund aims to outperform the MSCI All Country World ex Australia ex Tobacco ex Controversial Weapons Index (hedged to AUD) with net dividends reinvested, after fees, over periods of three years or longer.

The Fund invests substantially all of its assets in global listed securities which are included in the MSCI All Country World ex Australia ex Tobacco ex Controversial Weapons Index (hedged to AUD) with net dividends reinvested and may also use exchange traded and over-the-counter derivatives to gain exposure to global listed securities or indices or for risk management. The Fund’s foreign currency exposure is substantially hedged back to Australian dollars.

Fund Facts

Structure
Global Equity Fund, AUD hedged
Inception Date^
1-July-2013
Fund size
$248.3 Million
31-May-2026
Management Fee
0.89% p.a.
Distribution Frequency
Semi-Annually
ARSN
164 285 661
APIR Code
MGE0007AU
Buy / Sell Spread
0.19%/0.19%
Benchmark
MSCI All Country World ex Australia ex Tobacco ex Controversial Weapons Index (hedged to AUD)
Initial Minimum Investment
$25,000
Investment Risks

All investments carry risk. While it is not possible to identify every risk relevant to an investment in a fund, we have provided details of risks in the fund's Product Disclosure Statement.

^The Magellan Global Fund (Hedged) (MGE0007AU) ran from 1 July 2013 to 4 June 2026. The fund transitioned to the Vinva Global Alpha Fund (Hedged) on 5 June 2026.

Transaction costs may also apply - refer to the Product Disclosure Statement. All management costs described above are inclusive of the estimated net effect of GST.

Fund size equals the total of all available retail and wholesale share classes.

Research Ratings

Lonsec
Recommended
Ratings are only one factor to be taken into account when deciding whether to invest in a financial product. See Research house ratings disclaimers

Vinva’s systematic investment approach seeks to harvest returns from opportunities identified by their experienced investment team and data-driven research process. With the use of leading-edge technology and robust risk controls, Vinva implements these opportunities into its portfolios in a highly disciplined, repeatable and efficient way. These strategies are designed with the aim to deliver consistent returns through different market environments over time.

Vinva’s systematic investment approach leverages investment insights, markets trends, and relative mispricings that other investors may overlook. Their investment team identifies alpha opportunities by analysing large amounts of data from various sources. They develop insight-driven models, including stock ranking, risk, and transaction cost forecasting models, using over 50 proprietary signals across a global universe of more than 2,800 stocks. These models consider changing market conditions, investor behaviour, and liquidity opportunities.

Vinva aims to understand and analyse the relationships between data and predictions, which serve as buy or sell signals to inform investment decisions. Predictive signals evaluate each stock based on a wide range of criteria, such as earnings quality, balance sheet fundamentals, valuation, sentiment, and supply chain linkages. Some signals may be positive, others negative. Stocks with predominantly positive signals are strong candidates for portfolio inclusion. 

Skilled insights and intensive research process
Skilled insights and intensive research process
Leading-edge investment technology
Leading-edge investment technology
Dynamic portfolio construction and robust risk controls
Dynamic portfolio construction and robust risk controls

Vinva’s portfolio construction process integrates stock ranking models, risk models and transaction cost forecasting into a systematic and proprietary dynamic optimisation process. Vinva’s models take into account changing market conditions, behaviour of other investors and liquidity opportunities on a continuous basis.  

Vinva’s proprietary tools and models process data on an intra-day basis from hundreds of global sources. They seek to ensure that both overweight and underweight positions are deliberate and based on sound economic principles. By leveraging informed decision-making for thousands of potential global stocks, it creates a portfolio with hundreds of small active positions, rather than a more concentrated portfolio with larger and riskier stock positions.

The portfolio typically includes over 300 positions and is managed to be style-neutral, where outperformance is not expected to be materially attributed to a single company, country, or to industry specific or macroeconomic risks.

31 May 2026
Performance 3 Months Since
strategy
change^
Vinva Global Alpha Fund (Hedged) - -
Benchmark* - -
Excess v Benchmark - -

* MSCI All Country World ex Australia ex Tobacco ex Controversial Weapons Index (AUD)

^The Magellan Global Fund (Hedged) (MGE0007AU) ran from 1 July 2013 to 4 June 2026. The fund transitioned to the Vinva Global Alpha Fund (Hedged) on 5 June 2026.

Important Information: Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding individual tax, member fees and entry fees (if applicable). Fund Inception 1 July 2013 (exclusive). Past performance is not a reliable indicator of future performance.

To access historical performance and fund information for the Magellan Global Fund (Hedged), please click here.

31 May 2026
Performance Since
strategy
change^
1 Year 3 Years
(% pa)
5 Years
(% pa)
7 Years
(% pa)
10 Years
(% pa)
Since
Inception
(% pa)
Magellan Global Fund (Hedged) - 5.09% 12.16% 4.95% 7.43% 8.89% 9.13%
Benchmark* - 26.86% 20.70% 11.75% 13.78% 12.65% 12.40%
Excess v Benchmark* - -21.77% -8.54% -6.80% -6.35% -3.76% -3.27%
Excess v 9% p.a. Objective - -3.91% 3.16% -4.05% -1.57% -0.11% 0.13%

* MSCI World Net Total Return Index (hedged to AUD)
** Inception date 01 July 2013 (inclusive)

Important Information: Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding individual tax, member fees and entry fees (if applicable). Past performance is not a reliable indicator of future performance.

^The Magellan Global Fund (Hedged) (MGE0007AU) ran from 1 July 2013 to 4 June 2026. The fund transitioned to the Vinva Global Alpha Fund (Hedged) on 5 June 2026.

To access historical performance and fund information for the Magellan Global Fund (Hedged), please click here

Date Net Asset Value Entry Exit
10-Jun-2026 1.8611 1.8646 1.8576
09-Jun-2026 1.8877 1.8913 1.8841
05-Jun-2026 1.8942 1.8978 1.8906
04-Jun-2026 1.9433 1.9447 1.9419
03-Jun-2026 1.9353 1.9367 1.9339
02-Jun-2026 1.9436 1.9450 1.9422
01-Jun-2026 1.9364 1.9378 1.9350
29-May-2026 1.9298 1.9312 1.9284
28-May-2026 1.9345 1.9359 1.9331
27-May-2026 1.9298 1.9312 1.9284
Download historical unit prices
Date Distribution per unit Reinvestment price  
December 2025 8.0000 cents $1.9224 Estimated Interim Fund Distributions 31 December 2025
June 2025 6.5000 cents $1.9695 Annual Fund Distributions 2025
December 2024 6.3200 cents $1.9125  
June 2024 3.2600 cents $1.8962 Annual Fund Distributions 2024
December 2023 3.4200 cents $1.6994  
June 2023 3.5600 cents $1.6528 Annual Fund Distributions 2023
December 2022 3.6900 cents $1.4764  
June 2022 3.6800 cents $1.5257 Annual Fund Distributions 2022
December 2021 3.5600 cents $1.9812  
June 2021 3.4300 cents $1.9448 Annual Fund Distributions 2021
December 2020 3.3200 cents $1.8102  
June 2020 6.5000 cents $1.6862 Annual Fund Distributions 2020
June 2019 5.5000 cents $1.6760 Annual Fund Distributions 2019
June 2018 10.0066 cents $1.5212 Annual Fund Distributions 2018
June 2017 3.0000 cents $1.4332 Annual Fund Distributions 2017
June 2016 2.0000 cents $1.2217 Annual Fund Distributions 2016
June 2015 2.0000 cents $1.2525 Annual Fund Distributions 2015
June 2014 2.0000 cents $1.1316 Annual Fund Distributions 2014
IMPORTANT

Please ensure that your Tax File Number (TFN) or Australian Business Number (ABN) is provided to the Unit Registry by Record Date, otherwise tax will be withheld on income attributed to you at the top marginal tax rate plus Medicare Levy.

If you have elected to receive distributions in cash, please ensure that your bank account details are provided to the Unit Registry by Record Date, otherwise your distribution payment will be withheld until a valid bank account is provided.

To review or update your TFN/ABN and bank account details, log on to the Unit Registry’s online portal.

Financial Reports

31-Dec-2025 Half Year Financial Report 2025/2026
30-Jun-2025 Annual Financial Report 2025
31-Dec-2024 Half Year Financial Report 2024/2025
31-Dec-2023 Half Year Financial Report 2023/2024
31-Dec-2022 Half Year Financial Report 2022/2023
31-Dec-2021 Half Year Financial Report 2021/2022
30-Jun-2021 Annual Fund Financial Report 2021
31-Dec-2020 Half Year Financial Report 2020/2021
30-Jun-2020 Annual Fund Financial Report 2020
31-Dec-2019 Half Year Financial Report 2019/2020
30-Jun-2019 Annual Fund Financial Report 2019
31-Dec-2018 Half Year Financial Report 2018/2019
30-Jun-2018 Annual Fund Financial Report 2018
31-Dec-2017 Half Year Financial Report 2017/2018
30-Jun-2017 Annual Fund Financial Report 2017
31-Dec-2016 Half Year Fund Financial Report 2016/2017
30-Jun-2016 Annual Fund Financial Report 2016
31-Dec-2015 Half Year Fund Financial Report 2015/2016
30-Jun-2015 Annual Fund Financial Report 2015
31-Dec-2014 Half Year Fund Financial Report 2014/2015
30-Jun-2014 Annual Fund Financial Report 2014
30-Jun-2013 Annual Fund Financial Report 2013
31-Dec-2012 Half Year Fund Financial Report 2012/2013
30-Jun-2012 Annual Fund Financial Report 2012
31-Dec-2011 Half Year Fund Financial Report 2011/2012
30-Jun-2011 Annual Fund Financial Report 2011
31-Dec-2010 Half Year Fund Financial Report 2010/2011
30-Jun-2010 Annual Fund Financial Report 2010
30-Jun-2009 Annual Fund Financial Report 2009
31-Dec-2008 Half Year Fund Financial Report 2008/2009
30-Jun-2008 Annual Fund Financial Report 2008

Continuous Disclosure

Access the continuous disclosure information issued by Magellan Asset Management Limited in relation to this fund.

Read the Product Disclosure Statement prior to making any investment decisions.

The Fund is likely to be appropriate for a range of investors, including investors seeking capital growth, who have a minimum investment timeframe of at least seven to ten years and a high risk tolerance, and are comfortable with the risks associated with investing in global equities. Refer to the Fund’s Target Market Determination for further information about the classes of investors whose objectives, financial situation and needs are likely to align with the Fund’s key attributes.

Invest directly with the fund


Complete the Online Application Form 

Alternatively, complete the PDF Application Form digitally, or print and complete manually. You will be guided by the Application Form if you also need to complete any CRS forms.

Send application form to Apex Group
Apex Fund Services - Unit Registry
GPO Box 143
Sydney NSW 2001

Or via email to magellanfunds@apexgroup.com

Temporary processes available during COVID-19

Speak with your adviser/broker. To find an adviser, visit Financial Advice Association Australia.

On 5 May 2026, Magellan Asset Management Limited advised that it intended to change the investment strategy of the Magellan Global Fund (Hedged) (ARSN: 164 285 661) to the Vinva Global Alpha Strategy, and that Vinva Investment Management Limited will be appointed as the investment manager of the Fund. This change was made on the Effective Date, 5 June 2026. 

 

Vinva's systematic investment style utilises skilled investment insight and vast amounts of data to develop sophisticated models and generate market signals that guide portfolio decisions. Vinva's strategies are designed with the potential to deliver consistent outperformance through different market environments, with no significant sector or style biases on average through time.  

Vinva aims to achieve high risk-adjusted outperformance by maximising skill, breadth, and efficiency. Believing that markets are not perfectly efficient, offering opportunities for skilled active managers to earn excess returns over time. For further information on systematic investing, please click here.

 

The fund is subject to regular reporting and continuous disclosure obligations. The following information is available on our website: 

  • the Fund's Annual Financial Report most recently lodged with ASIC;
  • any Half Year Financial Report lodged with ASIC;
  • any continuous disclosure notices we lodge with the Securities Exchange Operator and ASIC.

You can apply directly with the Responsible Entity by sending an Application Form to the unit registry for the Fund.

If you hold your investments via an investment administration platform, you should consult your financial adviser who will be able to assist you in investing in the Fund.

You should read the Product Disclosure Statement (PDS)  and the Target Market Determination (TMD) before making any decision on how to invest in the Fund.

A minimum initial investment of $25,000 applies for each of Magellan's unlisted funds. A $500 minimum applies for additional investments by BPAY. A minimum of $5,000 applies to EFT and cheque payments.

You will receive  your transaction confirmations from the Unit Registry, which will include your SRN.  If you have invested directly with the Responsible Entity and have chosen to receive communication via email, you will receive confirmation of your investment from the Fund's unit registry (upon receipt of your correctly completed Application Form (or notice of additional investment) and cleared application monies. 

During distribution periods (at the start of July and the start of January for some funds) receipt of your confirmation statement may be delayed by 10-15 business days.
 

You can withdraw some or all of your investment at any time, as long as the withdrawal request is for at least $5,000. To do this, you will need to complete a Withdrawal Form or written notice of withdrawal. You can request a specified dollar amount to be withdrawn, a specified number of units to be withdrawn, or a full redemption of your investment in the Fund. If your withdrawal request results in your remaining investment in the Fund falling below $5,000, we may compulsorily withdraw your remaining unitholding in the Fund and pay the balance to you.

The Responsible Entity intends that the Fund will make distributions on an annual basis, although the Fund may make distributions more or less frequently at the discretion of the Responsible Entity.

The distribution may comprise an amount attributed to you from income (such as dividends received from shares and interest) less expenses incurred by the Fund (such as management fees) plus net capital gains made on the sale of shares or other investments held. In some circumstances, the Fund may distribute a payment out of the capital invested in addition to a distribution of net income or net capital gains. The distribution amount per unit in each class in the Fund is calculated by dividing the total distribution in that class by the number of units on issue at the nominated record date. The distribution investors may receive will be based on the number of units they hold at the nominated record date. It is not pro-rated according to the time that investors have held their units. (Please read Fund PDS for full details)

The unit registry for the fund is Apex Fund Services
T | 1300 127 780 (or +61 2 8259 8566) or 0800 787 621 (NZ)
F | +61 2 9247 2822
E | magellanfunds@apexgroup.com
A| GPO Box 143, Sydney NSW 2001

Adviser Enquiries
T | +61 2 9235 4888
E | info@magellanfinancialgroup.com

 

Systematic Equities

Why Systematic Equities?

Magellan Investment Partners offers retail and wholesale access to a range of Vinva active equity funds through its strategic distribution partnership with Vinva. Vinva Funds aim to provide investors with consistent risk-adjusted outperformance.

Unit Registry Enquiries

Apex Group

Apex Group provides a range of registry services including the processing of applications, redemptions and distributions as well as the maintenance of unitholder records.

Please contact Apex Group directly for assistance with your unitholdings.

Investor Login
Telephone:
1300 127 780 (Australia)
+61 2 8259 8566 (International)
0800 787 621 (New Zealand)
Fax:
+61 2 9247 2822
Postal Address:
GPO Box 143
Sydney, NSW 2001

Important Information: Units in the fund(s) referred to herein are issued by Magellan Asset Management Limited (ABN 31 120 593 946, AFS Licence No 304 301). Past performance is not necessarily indicative of future results and no person guarantees the future performance of the fund(s), the amount or timing of any return from the fund(s), or that the investment objectives of the fund(s) will be achieved. This material has been provided for general information purposes and must not be construed as investment advice. It does not take into account the investment objectives, financial situation or particular needs of any particular person. Investors should consider obtaining professional investment advice tailored to their specific circumstances and should obtain and read the relevant Target Market Determination (‘TMD’) and Product Disclosure Statement (‘PDS’) applicable to the fund(s) prior to making a decision about whether to acquire or continue to hold an interest in the fund(s). The TMD and PDS for the fund(s) are available on this website or can be obtained by calling 02 9235 4888. Any trademarks, logos, and service marks contained herein may be the registered and unregistered trademarks of their respective owners. Nothing contained herein should be construed as granting by implication, or otherwise, any licence or right to use any trademark displayed without the written permission of the owner. No part of this material may be reproduced or disclosed, in whole or in part, without the prior written consent of Magellan Asset Management Limited.

Research House Ratings Disclaimers

The rating published on 06/2026 for Vinva Global Alpha Fund (Hedged) is issued by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec Research). Ratings are general advice only and have been prepared without taking account of investors’ objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec Research assumes no obligation to update. Lonsec Research uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2026 Lonsec. All rights reserved.

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