Magellan Core ESG Fund

Founded in 2006 and headquartered in Australia, Magellan is an active asset manager specialising in global equity and infrastructure strategies.

Magellan aim to invest in high-quality companies that they believe have a sustainable competitive advantage and will compound returns over the long-term.

In 2018, Magellan acquired Airlie Funds Management. Airlie manages Australian equities for institutional and retail clients, offering an active investment style that aims to deliver attractive long-term capital growth and regular income to its investors.

Magellan is a wholly owned subsidiary of Magellan Financial Group (ASX: MFG).

The Fund's primary investment objective is to achieve risk-adjusted returns over the medium to long term through investment in a diversified portfolio of companies listed on stock exchanges around the world. This objective incorporates the consideration of ESG factors and the application of our low carbon framework. The Fund's portfolio will comprise 70-90 securities at any one time but will also have some exposure to cash. It is not the Magellan's intention to hedge the foreign currency exposure of the Fund arising from investments in overseas markets. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases. The Fund may also use exchange traded derivatives, in a limited manner, for risk management purposes.