MCGG is quoted on the ASX as an actively managed ETF. It invests in, and therefore tracks the performance of the Munro Concentrated Global Growth Fund. Investment returns first. MCGG.ASX aims to take the traditional but more volatile investment path by being full invested in the market across 20 to 40 long positions.
Global growth equities
Long only, relative returns
Munro Concentrated Global Growth Fund
Number of positions
3 February 2022
Minimum suggested investment period
5 - 7 years
Intraday via iNAV
The Fund is designed to maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth-oriented equities issued by companies located anywhere in the world, except Australia.
Live pricing – as a traded security, MCGG 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 for capital growth, intend to invest in global growth equities for at least 5-7 years, accessing leading-edge companies at the forefront of structural change and wish to remain fully invested (less than 10% cash) and are therefore less concerned by short term market volatility.
This Fund is not suitable for those investors with a short investment time horizon (less than 5 years), seeking regular income or does not have a high / very high tolerance for risk given full exposure to equities.
Each of Munro's funds are focused on finding global structural growth winners, with the MCGG aiming to generate ‘relative returns’, that is, outperform the MSCI World Index over a 5 to 7 year time period. The Fund is a long-only fund: it does not use capital preservation tools.
Our Chief Investment Officer, Nick Griffin, explains the MCGG and the investment process in this 10 minute video:
Holdings at a 30 day lag
Buy / sell on the ASX using ticker: MCGG