Magellan MGE ETF (ASX:MGE)
The Magellan MGE Fund is an actively managed portfolio that invests in a select array of international companies. The fund typically selects between 20-40 global equities.
What does the MGE invest in?
MGE invests in a concentrated portfolio of high-quality global securities based on Magellan’s actively-managed approach. The fund aims to outperform the MSCI World Net Total Return Index (AUD). This ETF could be a solution for investors looking for actively managed exposure to the global equities market.
What do investors use MGE for?
MGE could be used by investors looking for a concentrated portfolio of leading global companies, as selected and managed by the investment team at Magellan. According to Magellan, it looks for shares that are trading at an appropriate discount to their assessed intrinsic value.
MGE dividend information
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