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MAGELLAN HIGH CONVICTION TRUST
ASX:MHH

MAGELLAN HIGH CONVICTION TRUST

Not Applicable

The Trust will replicate the investment strategy of the unlisted Magellan High Conviction Fund, which was established on 1 July 2013 and has achieved returns of 16.6% per annum net of fees since inception to 31 July 20191. The Trust will invest in a concentrated portfolio of 8 to 12 high quality global companies weighted towards Magellan's best investment ideas. Magellan will be the investment manager and act as the responsible entity of the Trust, with Hamish Douglass and Chris Wheldon acting as the portfolio managers.

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Market Cap

908.31m

Price at Close

$1.48

4w avg. Volume

504.98k

4w avg. Turnover

$769.16k

Announcements
announcementt+2 movementdate
  • Daily share buy-back notice

    Issued Capital

  • -

    17 Sep 2020

-

17 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • -1.99%

    16 Sep 2020

-1.99%

16 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • -0.67%

    15 Sep 2020

-0.67%

15 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • +1.00%

    14 Sep 2020

+1.00%

14 Sep 2020
  • Weekly NAV

    Periodic Reports

  • +1.00%

    14 Sep 2020

+1.00%

14 Sep 2020
  • MHH Fund Update - August 2020

    Periodic Reports

  • +1.00%

    14 Sep 2020

+1.00%

14 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • +1.00%

    13 Sep 2020

+1.00%

13 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • -0.33%

    09 Sep 2020

-0.33%

09 Sep 2020
  • Weekly NAV

    Periodic Reports

  • -1.96%

    07 Sep 2020

-1.96%

07 Sep 2020
  • Daily share buy-back notice

    Issued Capital

  • -1.96%

    06 Sep 2020

-1.96%

06 Sep 2020
Market Data

Current Price

$1.48

52WK HIGH

$1.755

52WK LOW

$1.06

1YR RETURN

-1.33%

1YR RETURN VS. SECTOR

+8.43%

90 DAY RETURN

+5.34%

ASX RANK

262

/2,019

SECTOR RANK

3

/11

SHARES OUTSTANDING

613.72m
ASX:MHH

MAGELLAN HIGH CONVICTION TRUST

Not Applicable

The Trust will replicate the investment strategy of the unlisted Magellan High Conviction Fund, which was established on 1 July 2013 and has achieved returns of 16.6% per annum net of fees since inception to 31 July 20191. The Trust will invest in a concentrated portfolio of 8 to 12 high quality global companies weighted towards Magellan's best investment ideas. Magellan will be the investment manager and act as the responsible entity of the Trust, with Hamish Douglass and Chris Wheldon acting as the portfolio managers.

Read more

Market Cap

908.31m

Price at Close

$1.48

4w avg. Volume

504.98k

4w avg. Turnover

$769.16k

ASX:MHH is not raising right now

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Copyright © 2020 Fresh Equities. All rights reserved. ACN 619 657 028. CAR: 001267539 of AFSL: 471379.