Introducing the MFG Core Series

A new range of lower-cost global equity funds, designed to offer investors a unique and compelling combination of active portfolio construction and systematic portfolio management.

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About the MFG Core Series

Investors today are increasingly confronted with a significant challenge - pay for active management knowing that, in some cases, they could receive a market return after fees, or opt to invest passively taking the bad companies with the good, and receiving market returns with certainty. At Magellan, we don't believe investors should have to compromise and choose either rigorous fundamental investment research or efficient fees.

Our focus on solving problems for our clients prompted the genesis of the MFG Core Series. Leveraging Magellan’s high quality, proven investment research process to construct portfolios actively and then managing and rebalancing them on a systematic basis, the MFG Core Series offers investors an attractive investment proposition at a compelling 0.50% management fee.

  • Actively constructed, systematically managed, continuously monitored

  • Diversified, resilient portfolios

  • Exchange quoted on Chi-X 

  • Risk conscious

  • Investing in high quality global companies

  • 70-100 stocks

  • Attractively priced (0.50%)

  • Fully invested


We are delighted to be able to deliver the MFG Core Series to investors - our range of investment strategies that leverage Magellan's investment DNA whilst meeting the growing appetite in the marketplace for lower cost products.

Vihari Ross,
Head of MFG Core Series, Head of Research, Portfolio Manager

A new range of lower cost global equity funds that are actively constructed, systematically managed, continuously monitored

Leveraging Magellan’s proven investment process, the MFG Core Series provides investors with diversified exposure to the world’s best businesses; those with structural advantages capable of standing the test of time. Priced to sit at the core of an investor's portfolio, the MFG Core Series is designed to meet a variety of investor needs.

MFG Core Series: An Introduction

(viewing time: 08:23 mins)

Investment process

Actively constructed, systematically managed, continuously monitored” 

The unique, purpose-built investment process of the MFG Core Series brings together a combination of active and systematic elements, leveraging Magellan’s quality investment research and philosophy.  It forms the backbone of the investment process for each of the funds in the series. 


  • 1

    Rigorous research

Investments are selected by reference to a rigorous fundamental research process that implements Magellan’s proprietary assessment of business quality.

Comprehensive analysis of company fundamentals, industry analysis, financial characteristics and key risk exposures (including ESG) sees the investable universe filtered down to around 120-200 stocks.

  • 2

    Portfolio construction with active inputs

Active determination of business quality and other inputs contribute to portfolio inclusion decisions and weights within the funds.

  • 3

    Systematic portfolio management

Rules-based portfolio management and clearly defined rebalancing cycles allow the Strategies to be delivered with a management fee of 0.50%, giving rise to a solution that can sit at the core of any investor’s portfolio. The portfolios offer investors a resilient and diversified exposure to regions, sectors and individual stocks.

  • 4

    Continuous monitoring

Regularly scheduled reviews ensure business fundamentals remain robust, and key risk exposures remain acceptable. Dynamic real time review mitigates event risk.

Investment Insights

  • 26 Mar 2021

    MFG Core Series Launch - Live Broadcast

    Quiz - 1.50 CPD hours available

    Vihari Ross, Head of the MFG Core Series, provides a look under the bonnet of the newly launched lower-cost global equity fund range, including why and how the Series was developed, as well as the investment process of her fund the Core International Fund. Portfolio Managers, Elisa Di Marco and David Costello provide insights into their respective funds, MFG Core ESG and MFG Core Infrastructure. The session concludes with Q&A. (Viewing time: 90 mins)

  • 26 Feb 2021

    Buy Hold Sell: 3 tech titans and 2 long-term winners

    Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global discuss three mega cap stocks; Tesla, Tencent and Microsoft. And provide two stocks that they believe will rain returns for investors over the long term. (Viewing time: 10 mins)

  • 26 Feb 2021

    Why these fundies are still bullish on tech platforms

    Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global discuss the the Australian government's legislative attempt to make big tech pay local news publishers for content. How it may impact investors in Facebook and Google, the potential windfall for publishers, as well as whether regulation curbs companies' ability to grow and innovate. (Viewing time: 12 mins)

  • 26 Feb 2021

    Buy Hold Sell: 3 global giants and 2 due for a pullback

    Vihari Ross, Head of Core Series, Head of Research and and Chris Demasi from Montaka Global Investments discuss global giants Kellogg's, Visa and Spotify and nominate a high-flying stock that they think is over-hyped. (Viewing time: 10 mins)

  • 25 Feb 2021

    Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business

    The Intercontinental Exchange (or ICE) is one of the world’s largest exchange businesses – it owns the NYSE and dominates global energy exchanges. ICE operates in over 70 countries, and has a market capitalisation of U$65 Billion. Its remarkable growth over the last two decades is the result of founder Jeffrey Sprecher’s visionary thinking and unwavering commitment to moving old analogue exchanges into efficient digital platforms, and creating new markets globally. It all started with a single dollar transaction in 1997. (Viewing time: 42 mins)

  • 27 Jan 2021

    Vihari Ross picks global disruptor for 2021

    Vihari Ross, Head of Core Series, Head of Research and Portfolio Manager believes 2021 is a stock-picker’s market, with some companies having already reached their all time high and others offering considerable value for those willing to put in the work. (Viewing time: 11 mins)


The MFG Core Series are quoted on the Chi-X securities exchange and can be bought and sold like any listed security. Alternatively investors can apply and redeem directly with Magellan. See How to Invest for more information.

Chi-X Australia is an innovative Australian securities and derivatives exchange. Funds that are quoted on Chi-X can be bought and sold like any listed security via a stockbroker or online trading account.

There is no minimum investment amount if buying on the securities exchange. If applying directly with Magellan, the minimum investment amount is $10,000.

Important Information: 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). Past performance is not necessarily indicative of future results and no person guarantees the future performance of the fund(s), the amount or timing of any return from the fund(s), or that the investment objectives of the fund(s) will be achieved. This material has been provided for general information purposes and must not be construed as investment advice. It does not take into account the investment objectives, financial situation or particular needs of any particular person. Investors should consider obtaining professional investment advice tailored to their specific circumstances and should read the relevant Product Disclosure Statement (PDS) applicable to the fund(s) prior to making any investment decisions. The PDS for the fund(s) is available at or can be obtained by calling 02 9235 4888. Any trademarks, logos, and service marks contained herein may be the registered and unregistered trademarks of their respective owners. Nothing contained herein should be construed as granting by implication, or otherwise, any licence or right to use any trademark displayed without the written permission of the owner. No part of this material may be reproduced or disclosed, in whole or in part, without the prior written consent of Magellan Asset Management Limited.