Magellan Financial Group ASX CEO Connect Brett Cairns | Executive - - PowerPoint PPT Presentation
Magellan Financial Group ASX CEO Connect Brett Cairns | Executive - - PowerPoint PPT Presentation
Magellan Financial Group ASX CEO Connect Brett Cairns | Executive Chairman 21 November 2017 Important Information This presentation has been prepared by Magellan Financial Group Limited (MFG) . While the information in this presentation
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Important Information
This presentation has been prepared by Magellan Financial Group Limited (‘MFG’). While the information in this presentation has been prepared in good faith and with reasonable care, no representation or warranty, express or implied, is made as to the accuracy, adequacy or reliability of any statements, estimates, opinions or other information contained in the presentation. This presentation may contain forward looking statements. These forward-looking statements have been made based upon MFG’s expectations and beliefs concerning future developments and their potential effect upon MFG (and its controlled entities) and are subject to risks and uncertainty which are, in many instances, beyond MFG’s control. No assurance is given that future developments will be in accordance with MFG’s expectations. Actual results could differ materially from those expected by MFG. This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any security or financial product or service. Any such offer or solicitation shall be made only pursuant to a Product Disclosure Statement, Information Memorandum, Prospectus or other offer document relating to a financial product or service. Past performance is not necessarily indicative of future results and no person guarantees the performance of any financial product or service or the amount or timing of any return from it. There can be no assurance that the financial product or service will achieve any targeted returns, that asset allocations will be met or that the financial product or service will be able to implement its investment strategy and investment approach or achieve its investment objective. The information contained in this presentation is not intended to be relied upon as advice to investors or potential investors, who should consider seeking independent professional advice depending upon their specific investment objectives, financial situation or particular needs. No part of this material may be reproduced or disclosed, in whole or in part, without the prior written consent of MFG.
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Magellan Financial Group
- Sydney-based specialised, long-only global equities and global listed infrastructure fund manager
- ASX listed code: MFG. Market cap $4.5 billion
- $56 billion in funds under management
- Retail funds under management of $17.7 billion, with over 250,000 underlying unitholders
- Institutional funds under management of $38.3 billion, with over 130 clients1
- Two business activities:
- Magellan Asset Management (funds management business)
- Principal Investments (balance sheet investments)
- Simple and scalable business model
- Offices in Sydney, Melbourne, Brisbane, Perth, Auckland and Newport Beach
- 110 employees
Where we stand today
As at 31 October 2017 1 The number of clients include separately managed accounts and institutional investors in local and offshore vehicles.
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Magellan Financial Group
11-year journey
1 Based on investment in recapitalisation in May 2007 at $0.975 per share, assuming dividends are reinvested and MFF in-specie distribution held.
2006 2007 2015 2008 2009 2010 2011 2012 2013 2014 2017
- Jul-07: Magellan Global Fund &
Magellan Infrastructure Fund launched
2007
- Sep-06: Establishment of Magellan
- Dec-06: Magellan Flagship Fund IPO
2006
- Aug-11: US
distribution agreement with Frontier Partners
2011
- Nov-12: St James’s Place ~£2
billion global equities mandate
2012
- Aug-13: UCITS
vehicle established
2013
- Mar-15: Magellan
pioneers Active ETFs
- Mar-15: Enters
S&P/ASX 100 index
2015
$1,000 invested in 2007, worth ~$30,000 today, ~39% p.a.1
2016
- Oct-17: Magellan
Global Trust lists
2017
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Magellan Financial Group
What do we do for our clients?
We believe that successful investing is about finding, and owning for the long term, the world’s best companies to grow and safeguard our clients’ wealth.
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Magellan Financial Group
Institutional mandates Institutional fund clients Bank / AMP aligned Broker advised / Independent Financial Advisers Non-aligned individual decision makers
Who are our clients?
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Magellan Financial Group
What problems are we solving for our clients?
Source: ASX Australian Investor Study 2017
On-exchange investments are a more common investment choice than cash or property
- 62% of investors hold on-exchange investments
- 56% of investors hold cash
- 37% of investors hold investment property
60% of Australian adults or 11.2 million people hold
investments outside of their institutional superannuation fund SMSF use will continue to grow, with 30% of Australian adults that do not currently use an SMSF planning to set
- ne up in the future.
- 15% of adults claim to have an SMSF
- 13% of adults without an SMSF are planning to establish
- ne within the next year
- 8% are further planning to establish one in the next 13 – 24
months
Diversification is still not well understood:
- 46% of investors claim to be diversified and hold 2.7 investment
products
- 40% of investors say they do not have diversified portfolios. They hold
1.6 investment products.
- 15% of investors don’t know if they are diversified.
- 75% of share owners hold only Australian shares.
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Innovative solutions for investors
Open ended - Active ETFs
Online trading account Stockbroker or Adviser
ASX Magellan Active ETFs – MGE, MHG and MICH
Actively managed by a team
- f Portfolio Managers
Transparency Easy access to the world’s best global companies Deep stock research Market making to provide liquidity Diversification
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Units in the fund(s) referred to herein are issued by Magellan Asset Management Limited (ABN 31 120 593 946, AFS Licence No 304 301). The PDS for the fund(s) is available at www.magellangroup.com.au or can be
- btained by calling 02 9235 4888.
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Innovative solutions for investors
Closed ended - Listed Investment Trust
Online trading account Stockbroker or Adviser
ASX Magellan LIT– MGG
Actively managed by a team
- f Portfolio Managers
Transparency Easy access to the world’s best global companies Deep stock research Closed end trust structure 5% discount on DRP 4% pa target cash distribution, paid semi-annually
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Magellan Financial Group
Continue our education in global equities amongst self directed investors utilising platforms such as the Cricket Australia domestic test series. What is next?
Source: Cricket Australia, Fotosearch, retirery.com
Continue developing innovative products that enable easy access to the next generation of global companies. Develop innovative financial products that meet retiree’s needs.
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www.magellangroup.com.au Phone: +61 2 9235 4888