Magellan Asset Management Limited has announced that the distribution reinvestment price for the Magellan Global Equities Fund (Currency Hedged) on 18 January 2023 is $2.9447.
The Fund's objective is to achieve attractive risk-adjusted investment returns while minimizing risk of permanent capital loss.
It will invest in a portfolio of between 20 and 40 high-quality global equity stocks, with the ability to hold up to 20% of its net assets in cash and currency exposure substantially hedged.