Summary

MAET is an ASX quoted fund. It invests in, and therefore tracks the performance of the Munro Global Growth Fund. Capital preservation first. Investment returns second. MAET aims to "smooth" the investment journey through utilising capital preservations tools such as increased cash levels, shorts, put options, currency hedging and equity exposure management. MAET provides convenience and simplicity for investors to gain access to an actively managed portfolio of 30-50 global growth equities.

Key facts

Investment

Global growth equities

Strategy

Long / short absolute returns

Fund type

ASX Quoted

Underlying Fund

Munro Global Growth Fund

Number of positions

30-50

Fund inception

2 November 2020

Minimum suggested investment period

3-5 years

Pricing

Intraday via iNAV

Distributions

Annual

Suitability

MAET's - Munro Global Growth Fund (Hedge Fund) - investment objective is to provide meaningful, risk adjusted, absolute returns through exposure to global growth equities over the medium to long term, while maintaining a capital preservation mindset.

Live pricing – as an Exchange Traded Managed Fund, MAET enables you to enter and exit your investment around iNAV on the ASX during trading hours. No minimum investment and no requirement for an application form.

You may consider this fund if you are looking to invest in global growth equities for at least 3-5 years, accessing  leading-edge companies at the forefront of structural change but are concerned about short term market volatility or underlying growth company valuations.

This Fund is not suitable for those investors with a short investment time horizon (less than 3 years), seeking regular income or do not have a high tolerance for risk given exposure to equities.

How it's different

Each of Munro's funds are focused on finding global structural growth winners, however MAET aims to generate ‘absolute returns’, that is, positive returns, regardless of equity market movements over an investment cycle.

The Fund uses capital preservation tools such as increased cash levels, shorts, put options, currency hedging and equity exposure management, especially during market volatility.  

MAET provides convenience and simplicity for investors to gain access to an actively managed portfolio of 30-50 global growth equities.

Our Chief Investment Officer, Nick Griffin, explains MAET and the investment process in this 12 minute video:

TOP 5 HOLDINGS
As of 31 July 2022
As of 31 July 2022

Microsoft (US)

6.7%

Alphabet (US)

5.1%

Danaher (US)

4.9%

Visa (US)

4.7%

Amazon (US)

4.7%

Full portfolio (lag)

RegionAL Exposure
As of 31 July 2022

United States

61%

Europe

13%

Cash

28%

Performance
Unit pricing
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