Our Approach

Frequently Asked Questions

• 1. What is the investment strategy of the Montgomery Global Equities Fund?

  Montgomery Global Equities Fund (Managed 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 Montgomery 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.

  While the mandated maximum cash holding is 50% of the portfolio, it is not envisaged that the Fund would reach such a level absent an extreme market scenario. The practical maximum cash weighting of the Fund is 30%; and the practical minimum is 0 - 5%

  Montgomery 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. What is the minimum initial investment?

  You can purchase units in MOGL via your trading account or through your preferred broker subject to their minimum and brokerage fees.

  Please note, Montgomery is not a broker and as such cannot facilitate the buying or selling of MOGL units via the ASX.

• 3. How often is income paid?

  Distributions are targeted to be paid semi-annually, being; end of calendar year and end of financial year. They should be received within 20 business days of each end of period.

  Like an unlisted managed fund, the distributions might include income and realised capital gains of the fund and any additional amounts of cash, income or capital.

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

  Our Unit Registry, Link Market Services, has a portal that investors can access to see their balance and download all statements. Once invested, you will be given registration details.

  Access the Link Market Unit Registry here: 

  Login

• 5. How do I redeem my investment?

  You can sell units in MOGL via your trading account or preferred broker, just like you would a share on the ASX.

  Investors do not need to complete any paperwork or submit a redemption form. Settlement of the sale of units will occur in the same way as the sale of listed securities via the ASX CHESS settlement service on a T+2 cycle.

  Please note Montgomery is not a broker and as such cannot facilitate the buying or selling of MOGL via the ASX.

• 6. 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 Montgomery funds, you can find out about our partnership with industry-leading superannuation provider, netwealth in more detail on this page: Investing your personal super

• 7. Do you pay any brokers/advisers remuneration?

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

• 8. What are the advantages of an actively managed Exchange Traded Managed Fund?

  An active Exchange Traded Managed Fund (ETMF) is, most simply, a managed fund that is traded on a stock exchange such as the ASX. They are built like managed funds, but trade like shares, meaning that pricing is transparent and they can be bought and sold during any trading day just like ordinary shares.

  Active ETMFs share many similarities with exchange traded funds (ETFs) but have one key difference: ETFs are “passively managed” and aim to track a particular benchmark or index, whereas ETMFs are “actively” managed by fund managers with the aim of outperforming a relevant benchmark.

  Please visit our Knowledge Centre to learn more about investing generally:
  Learn About Investing

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