AFM Fund Profile — Magellan Global Opportunities Fund Active ETF (ASX:OPPT)
- Fund & Manager Details
- Investment Details
- Performance & Risk
- Advanced Analytics
- Research & Availability
- News & Insights
- Documents
Fund & Manager Details
Key Facts
| Fund Type: | Single | Discretionary/Quantitative: | Discretionary |
| Strategy: | Equity Long | FUM (millions): | AU$369.9m |
| Style: | Value | Fund Inception Date: | Since 11 October 2019 |
| Geographic Mandate: | Global | Latest Return Date: | April 2026 |
| Fund Domicile: | Australia | Investor Type: | Retail |
| Status: | Open | Reporting Status: | Pending |
Manager Details and Fund Description
| Manager: | Magellan Investment Partners | Total FUM for all funds: | AU$40,000m |
|
Manager Overview:
Magellan Investment Partners is a dedicated investment manager and partner with nearly 20 years of expertise, focused on understanding client needs and delivering specialist investment solutions. The firm combines exceptional global knowledge with the accessibility of dedicated teams. Its proven and highly qualified distribution team and institutional-grade platform enable investment managers to focus on delivering long-term financial outcomes. Headquartered in Australia, Magellan Investment Partners brings to market investment solutions managed by Magellan Global Equities, Magellan Global Listed Infrastructure, Airlie Funds Management (Australian equities) and Vinva Investment Management (global and Australian systematic equities). |
Fund/Strategy Overview:
An ASX-listed Active ETF investing in investing in 20 to 40 of the world's best global stocks. The Fund's investment objective is to outperform the MSCI World Net Total Return Index (AUD) net of fees over periods of three years or longer. The Magellan Global Opportunities Fund - Active ETF will aim to invest in companies that have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. In September 2025 the Magellan High Conviction Fund (now renamed the Magellan Global Opportunities Fund No.2) was transitioned to the Magellan Global Opportunities Fund Active ETF (ASXOPPT). |
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| Other funds operated by manager: | |||
| Magellan Core Infrastructure Fund, Magellan Global Fund (Hedged), Magellan Global Fund (Open Class Units) ASX:MGOC, Magellan Global Opportunities Fund No.2, Magellan Infrastructure Fund, Magellan Infrastructure Fund (Unhedged) | |||
Investment Details
Investment Terms
| Minimum Investment: | Minimum Additional Investment: | Minimum Term: | Investment Frequency: |
| AU$0 | AU$500 | 0 | Daily |
| Regular Savings Option: | Regular Savings Min. Amount: |
Regular Savings Max. Amount: |
Regular Savings Freq.: |
| No | |||
| Redemption Notice: | Redemption Frequency: | Notes: | |
| N/A | Daily |
||
| Distributions: | Distribution Frequency: | Last Distribution Date: | Last Distribution Amount: |
| Yes | 6 Monthly | AU$0 |
Structure
| Offshore/Onshore: | Fund Structure: | Share Classes: |
Trustee/Responsible Entity: |
| Onshore | ETF | AU$ | Magellan Asset Management |
| Administrator: | Prime Broker: | Custodian: | Legal: |
| Apex Fund Services |
Fund Fees
| Management Fee: |
Performance Fee: |
High Water Mark: |
Hurdle: |
| 0.75% | 0% | Yes | |
| Buy Spread: | Sell spread: | Early Redemption Fee: | Fees Notes: |
| 0.100% | 0.100% | No |
Performance & Risk
Returns
| Latest Return Date: | Latest Result: | Fund Inception Date: | Annualised Return: |
| April 2026 | 2.19% | 11 October 2019 | 6.32% |
| Latest 3 Months: | Latest 6 Months: | Latest 12 Months: | Latest 2 Years p.a.: |
| -3.93% | -8.85% | 1.04% | 3.88% |
| Latest 3 Years p.a.: |
Latest 4 Years p.a.: |
Latest 5 Years p.a.: |
Latest 7 Years p.a.: |
| 10.48% | 10.86% | 5.13% | N/A |
Performance Statistics
| % Positive Months (S.I.): |
Average Return: | Average +ve Return: | Average -ve Return: |
| 63.29% | 0.59% | 3.05% | -3.65% |
| Best Month: | Worst Month: | Up Capture Ratio (S.I.): |
Down Capture Ratio (S.I.): |
| 7.96% | -9.30% | 86.83% | 119.57% |
| Largest Drawdown (S.I.): |
Longest Drawdown (S.I.): |
Current Drawdown (%): |
Current Drawdown (Months): |
| -27.90% | 25 months | -10.77% | 15 months |
Risk
| Annualised Standard Deviation (S.I.): |
Downside Deviation (S.I.): |
Sortino Ratio (S.I.): |
- |
| 13.65% | 9.65% | 0.40 | - |
| Sharpe Ratio (12 months): |
Sharpe Ratio (3 years): |
Sharpe Ratio (5 years): |
Sharpe Ratio (S.I.): |
| -0.19 | 0.56 | 0.22 | 0.35 |
| Please note, Sharpe and Sortino ratios are calculated using the Australian Risk Free Rate | |||
Ranking, Research & Availability
Fund Quintile in its Peer Group (Equity Long - Large Cap - Global) as at April 2026
AFM's Quintile Rankings show performance and Key Performance Indicators (KPI's) of Magellan Global Opportunities Fund Active ETF (ASX:OPPT) compared to a peer group of funds with a similar strategy and geographic mandate. Each green square places a fund in one quintile (or 20%) of its peer group - five indicating that the fund is in the top (best) quintile for the corresponding KPI.
As a reference point the equivalent "quintile" performance of the peer group's underlying market index is also indicated by the red dot.
External Research and Ratings: As reported by each Fund Manager.
| Lonsec: | Recommended, November 2025 |
| Zenith: | Recommended, November 2025 |
Availability:As reported by each Fund Manager.
No investment platforms suppliedNews & Insights
Fund Performance
Historical Performance (all figures shown here are net of fees unless otherwise stated)
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.34 | -1.81 | -4.25 | 2.19 | N/R | N/R | N/R | N/R | N/R | N/R | N/R | N/R | -9.06 |
| 2025 | 4.17 | -3.52 | -7.26 | -1.30 | 6.98 | 3.69 | 0.34 | -1.89 | 0.33 | 1.17 | 0.33 | -0.11 | 2.21 |
| 2024 | 5.66 | 6.48 | 1.81 | -3.51 | 0.69 | 1.92 | 2.12 | -2.22 | 0.36 | 3.99 | 5.85 | 2.56 | 28.31 |
| 2023 | 4.63 | -0.36 | 7.96 | 5.77 | 1.67 | 2.39 | 1.32 | 3.54 | -5.62 | 0.89 | 5.71 | 2.87 | 34.61 |
| 2022 | -5.59 | -7.99 | -2.46 | -9.30 | -2.24 | -3.25 | 6.69 | -3.84 | -3.29 | 5.56 | 2.40 | -7.26 | -27.69 |
| 2021 | 1.73 | 0.78 | 1.86 | 4.89 | -1.28 | 6.23 | 2.49 | 2.93 | -4.02 | 3.70 | 0.50 | -0.05 | 21.18 |
| 2020 | 3.10 | -3.73 | -9.18 | 3.26 | 2.25 | 0.55 | 2.05 | 4.54 | -0.81 | 1.45 | -1.09 | -3.19 | -1.62 |
| 2019 | N/R | N/R | N/R | N/R | N/R | N/R | N/R | N/R | N/R | 1.94 | 5.31 | 0.75 | 8.16 |
Historical Financial Year Performance (all figures shown here are are percentage per month net of fees unless otherwise stated)
| Year | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | Jan % | Feb % | Mar % | Apr % | May % | Jun % | FYTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025/2026 | 0.34 | -1.89 | 0.33 | 1.17 | 0.33 | -0.11 | -5.34 | -1.81 | -4.25 | 2.19 | N/A | N/A | -8.92 |
| 2024/2025 | 2.12 | -2.22 | 0.36 | 3.99 | 5.85 | 2.56 | 4.17 | -3.52 | -7.26 | -1.30 | 6.98 | 3.69 | 15.45 |
| 2023/2024 | 1.32 | 3.54 | -5.62 | 0.89 | 5.71 | 2.87 | 5.66 | 6.48 | 1.81 | -3.51 | 0.69 | 1.92 | 23.20 |
| 2022/2023 | 6.69 | -3.84 | -3.29 | 5.56 | 2.40 | -7.26 | 4.63 | -0.36 | 7.96 | 5.77 | 1.67 | 2.39 | 23.26 |
| 2021/2022 | 2.49 | 2.93 | -4.02 | 3.70 | 0.50 | -0.05 | -5.59 | -7.99 | -2.46 | -9.30 | -2.24 | -3.25 | -23.32 |
| 2020/2021 | 2.05 | 4.54 | -0.81 | 1.45 | -1.09 | -3.19 | 1.73 | 0.78 | 1.86 | 4.89 | -1.28 | 6.23 | 18.11 |
| 2019/2020 | N/A | N/A | N/A | 1.94 | 5.31 | 0.75 | 3.10 | -3.73 | -9.18 | 3.26 | 2.25 | 0.55 | 3.51 |