Montaka Global

Long Only Fund

FUND OVERVIEW

The Montaka Global Long Only Fund is highly focussed on investing in long-term winners in attractive transforming markets when they are undervalued and offer outsized return potential. The Fund aims to outperform the Index, net of fees, over the long-term. Investors can invest and redeem daily at net asset value plus/minus a small spread by applying and redeeming directly with the Fund.
  • Unlisted managed fund
  • Concentrated portfolio of typically 15-30 long positions
  • Long-term capital growth
  • Inception July 2015
  • View the Fact Sheet for more information

HOW TO INVEST

Please click below to complete the online application form

Or please fill out the form contained in the PDS

Additional information:

Contact us to know more

Speak with your Adviser or Broker and let them know the ASX ticker code ‘MGLOF’.

To locate an Adviser in your area you can visit one of the below associations:

Additional information:

For assistance in completing the application form, please get in touch with the Administrator, Fundhost Limited on 02 8223 5400 or email admin@fundhost.com.au

PRICE

Buy

$1.4911

Mid

$1.4874

Redeem

$1.4837

As at 29 February 2024. This fund is forward-priced. The price you receive is based on the close of market prices.

Performance

  Montaka Global Long Only Fund MSCI World Net Total Return Index Out/Under performance
1 month 5.6% 4.5% 1.10%
3 months 20.4% 11.2% 9.15%
6 months 16.0% 7.4% 8.60%
12 months 44.4% 24.7% 19.70%
2 years p.a. 4.4% 7.4% -3.03%
3 years p.a. 9.2% 13.6% -4.41%
4 years p.a. 4.4% 10.2% -5.82%
5 years p.a. 8.3% 13.6% -5.28%
Since inception 105.7% 147.1% -41.34%
Since inception p.a. 8.8% 11.1% -2.34%

As at 31 Dec 2023
Fund inception date: 1 July 2015
Performance is net of fees and assumes distributions are reinvested. Past performance is not an indicator of future performance.

Growth of $100,000 invested since inception

INVESTOR CENTRE

Our administrator, Fundhost, has a portal that investors can access to see their balance and download all statements. Once invested, you will be given registration details.

By visiting the above link, investors can:

  • View their holding detail
  • Access and update information relating to dividend and transaction history
  • View balances, download tax statements, access all forms.
For all other questions, please contact the Fund administrator:

DISTRIBUTION

Date Distribution (A$) per unit Reinvestment per unit
June 2022 8.6869 cents $0.9359
June 2021 1.0462 cents $1.32
June 2020 2.3207 cents $1.10
June 2019 15.5592 cents $1.17
June 2018 7.5200 cents $1.23
June 2017 12.0993 cents $1.09

FAQs

1. What is the investment strategy of the Montaka Global Long Only Fund?

The Montaka Global Long Only Fund will typically invest in an all-cap portfolio of 15 to 30 high quality businesses listed on major global stock exchanges with a focus on North America, Western Europe, the United Kingdom, Japan, Hong Kong, Singapore and Australia.

 

If an insufficient number of individual company names are appealing in terms of the prevailing share price relative to the Montaka Global’s assessment of their intrinsic value, we may consider the overall market ‘expensive’ and in an effort to preserve the market value of the portfolio, may allow the cash component of the portfolio to build.

 

The component of The Fund that can be held in cash  has a hard limit of 20% of funds under management.

 

Montaka Global may, on occasion, hedge the Fund against movements in the Australian Dollar and other currencies, but the default position is to remain unhedged.

2. How is the Montaka Global Long Only Fund different to the Montaka Global Long Only Equities Fund (ASX:MOGL)?

Montaka Global Long Only Fund is an unlisted managed fund that issues you with units. Montaka Global Long Only Equities Fund (ASX:MOGL) is a listed fund, quoted on the ASX, and issue investors with units that can be traded at any time through an online trading account or through a stock broker.

While they are completely different trusts under separate investment vehicles, both funds share the same common investment strategy and we expect that performance will closely follow the equivalent listed Montaka Global Long Only Equities Fund (ASX:MOGL), as it maintains the same investment strategy, investment process and substantially the same portfolio.

3. What is the minimum initial investment?

A minimum initial investment of $25,000 is required.

 

You may also arrange to add to your initial investment through a lump sum additional investment, for which there is a minimum of $1,000, or direct debit monthly savings plan, requiring a minimum investment of $500 per month. This is processed on the 15th of each month or the next business day.

4. How often is income paid?

Any income distributions are paid semi-annually (as at 30 June and 31 December each year) and can be reinvested in full or paid out entirely to the financial institution account nominated on your application form. We distribute all taxable income to investors each year, including any taxable capital gains. Distributions may also carry imputation or other tax credits. There may be periods when net income could be negative and no distribution is made.

5. How can I see my unit balance and investment value online?

Our administrator, Fundhost, has a new investor portal that investors can access to see their balance and download statements. Once invested, you will be given registration details. For any historical statements, prior to FY23, statements can be requested by emailing admin@fundhost.com.au

 

Access the Fundhost client log in here: Log In.

6. How do I redeem my investment?

To redeem your holding, simply fill out the form and have it signed by the relevant signatory on the account. If Fundhost are paying to a bank account they have on file, they can accept a faxed or scanned copy of the redemption request. If not, then you need to return the original to the below address:

Fundhost Ltd.

PO Box N561

GROSVENOR PLACE NSW 1220

 

Click below to download:

Redemption Request Form

 

E: admin@fundhost.com.au

For any questions, please call Fundhost on 02 8223 5400

 

Notice period: In normal circumstances, redemptions are processed daily, with funds generally received back to the investor within 2 business days. The cut off to receive your redemption request to receive that days price is 4pm Sydney time. Please refer to the PDS for more information.

7. Can I invest my personal superannuation in the fund?

If you do not have an SMSF and want to invest your personal superannuation into the Montaka funds, you can get in touch with us and we will be happy to guide you through the process.

8. Do you pay any brokers/advisers remuneration?

No commissions are paid by us to any financial advisers or brokers.

REQUEST A CALL

Giles Goodwill

Private Client Manager

p: 02 7202 0097
e: ggoodwill@montaka.com

Matthew Briggs

Investment Specialist​

p: +612 7202 0093
e: mbriggs@montaka.com

Montaka Global Pty Ltd AFSL: ABN 62 604 878 533, AFSL No. 516942 (previously known as MGIM Pty Ltd) is the investment manager and can be reached on 02 7202 0100 or email at office@montaka.com

If you are a current investor and need assistance with change of details, tax statements, additional investments or redemptions, please log in to Fundhost by clicking the button below. Alternatively, you can contact Fundhost on admin@fundhost.com.au or 02 8223 5400.

Disclaimer :

  • The above chart represents the return on $100,000 invested in the Fund at its inception in July 2015. No allowance has been made for tax. Please note that past performance is not a reliable indicator of future performance.
  • You should read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding to acquire the product.
  • Units in the Montaka Global Long Only Fund are issued by the Fund’s responsible entity Fund host Limited (ABN 69 092 517 087) (AFSL: 233045).
  • Copies of the PDS and TMD are available for download on this web page under the ‘Documents’ header. Before making any decision to make or hold any investment in the Fund you should consider the PDS in full. An investment in the Fund must be through a valid application form attached to the PDS. You should not base an investment decision simply on past performance. Past performance is not an indicator of future performance. The investment returns of the Fund are not guaranteed, and so the value of an investment may rise or fall.
  • The information provided is general in nature and does not take into account your investment objectives, financial situation or particular needs. You should consider your own investment objectives, financial situation and particular needs before acting upon this information and consider seeking advice from a licensed financial advisor if necessary.