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About MAGHIGHCVT ETF UNITS
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Inception date
Oct 11, 2019
Replication method
Synthetic
Dividend treatment
Distributes
Primary advisor
Magellan Asset Management Ltd.
ISIN
AU0000163883
Magellan High Conviction Trust operates as a closed end investment fund. Its investment objective is to achieve risk-adjusted returns over the medium to long term, while reducing the risk of permanent capital loss in accordance with its investment strategy. The Fund also invests in outstanding companies and manage investment risk. The company was founded on July 16, 2019 and is headquartered in Sydney, Australia.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MHHT last dividends amounted to 0.09 AUD. Six months before that, the issuer paid 0.03 AUD in dividends, which shows a 64.71% increase.
MHHT assets under management is 420.63 M AUD. It's fallen 8.01% over the last month.
MHHT fund flows account for −25.26 M AUD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MHHT pays dividends to its holders with the dividend yield of 5.84%. The last dividend (Jan 17, 2025) amounted to 0.09 AUD. The dividends are paid semi-annually.
MHHT shares are issued by Magellan Financial Group Ltd. under the brand Magellan. The ETF was launched on Oct 11, 2019, and its management style is Passive.
MHHT expense ratio is 1.50% meaning you'd have to pay 1.50% of your investment to help manage the fund.
MHHT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MHHT price has risen by 7.07% over the last month, and its yearly performance shows a 6.49% increase. See more dynamics on MHHT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a −11.77% decrease in three-month performance and has increased by 0.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a −11.77% decrease in three-month performance and has increased by 0.83% in a year.
MHHT trades at a premium (0.37%) meaning the ETF is trading at a higher price than the calculated NAV.