1 Vanguard Australian Shares Index ETF (VAS) is Australia's biggest ETF, giving exposure to our top 300 companies. It suits investors who are seeking long-term capital growth, with some tax-effective income, and who have a higher tolerance for the risks associated with sharemarket volatility.
Fund facts
• Funds under management at May 2023 – $12.1 billion
• Benchmark – S&P/ASX 300 Index
Total returns to May 31, 2023
• 1 year – 2.33% (2.37% benchmark)
• 5 years – 7.42%pa (7.43%)
• Since inception on May 8, 2009 – 8.71 %pa (8.82%)
Quarterly distributions
• Top 5 holdings – BHP, CBA, CSL, NAB, WBC
• Management fee 0.10%
2 Magellan Global Fund (MGOC) is an unhedged global equity fund that seeks to invest in 20 to 40 companies with relatively high price-to-earnings and price-to-book multiples, provided their businesses are outstanding and their shares are trading at an appropriate discount to their assessed intrinsic value.
Fund facts
• Funds under management at May 2023 – $7.2 billion
• Benchmark – MSCI World Net Total
• Return Index (AUD)
Total returns to May 31, 2023
• 1 year – 14% (13.1% benchmark) • 5 years – 9.1%pa (11.2%) • Since inception in July 2007 – 10.7%pa (7.4%) Half-yearly distributions • Top 5 holdings – Alphabet, Amazon, ASML Holding NV, Chipotle Mexican Grill, Intercontinental Exchange • Management fee 1.35% and a performance fee of 10% of dual hurdle excess return,
