What does MFF mean in FUNDS
MFF stands for Magellan Flagship Fund. It is a mutual fund managed by Magellan Asset Management, an Australian investment management company. The fund invests in a diversified portfolio of global equities, with a focus on growth stocks.
MFF meaning in Funds in Business
MFF mostly used in an acronym Funds in Category Business that means Magellan Flagship Fund
Shorthand: MFF,
Full Form: Magellan Flagship Fund
For more information of "Magellan Flagship Fund", see the section below.
Key Features of MFF
- Investment Objective: Long-term capital growth through investment in a diversified portfolio of global equities.
- Asset Allocation: Primarily invests in growth stocks, with a focus on technology, healthcare, and consumer discretionary sectors.
- Management: Managed by a team of experienced investment professionals led by Hamish Douglass.
- Minimum Investment: A$500 for personal investors, A$50,000 for institutional investors.
- Fees: Management fee of 1.35% per annum.
Investment Approach
MFF follows a bottom-up investment approach, where each investment decision is made on the merits of the underlying company. The fund managers actively research and select companies with strong growth potential, robust balance sheets, and experienced management teams.
Performance
MFF has a long track record of strong performance, consistently outperforming its benchmark index. Over the past 10 years, the fund has delivered an average annual return of over 10%.
Essential Questions and Answers on Magellan Flagship Fund in "BUSINESS»FUNDS"
What is the Magellan Flagship Fund (MFF)?
The Magellan Flagship Fund (MFF) is an actively managed, diversified equity mutual fund that seeks long-term capital appreciation. It invests primarily in large-cap growth stocks of companies with strong balance sheets, competitive advantages, and potential for future growth.
Who manages the MFF?
The MFF is managed by the investment team of Magellan Asset Management, led by portfolio manager Robert Stansky. Stansky has over 30 years of experience in the investment industry and has been managing the MFF since 2005.
What is the investment strategy of the MFF?
The MFF invests in a portfolio of 20-50 large-cap growth stocks that the portfolio managers believe have the potential for long-term capital appreciation. The fund typically holds a concentrated portfolio of high-conviction stocks and aims to generate alpha over its benchmark, the Russell 1000 Growth Index.
What are the risks associated with investing in the MFF?
As with any equity investment, the value of the MFF can fluctuate based on market conditions and the performance of the underlying companies. The fund may experience periods of underperformance compared to its benchmark or other comparable funds.
What are the fees associated with investing in the MFF?
The MFF charges an annual expense ratio of 0.65%. This fee covers the costs of managing the fund, including portfolio management, trading expenses, and administrative costs.
How can I invest in the MFF?
You can invest in the MFF through various platforms, including brokerage accounts, financial advisors, and directly through Magellan Asset Management. The fund is available in a variety of share classes, each with its own investment minimum and fee structure.
Final Words: MFF is a well-managed mutual fund that provides investors with access to a diversified portfolio of global growth stocks. Its strong performance and experienced management team make it a suitable investment option for those seeking long-term capital growth.
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