Our Approach

Frequently Asked Questions

• 1. What is the investment strategy of the Montgomery Global Fund?

  The Montgomery Global Fund will typically invest in an all-cap portfolio of 15 to 30 high quality businesses listed on major global stock exchanges with a focus on North America, Western Europe, the United Kingdom, Japan, Hong Kong, Singapore and Australia. 

  If an insufficient number of individual company names are appealing in terms of the prevailing share price relative to the Montgomery Global’s assessment of their intrinsic value, we may consider the overall market ‘expensive’ and in an effort to preserve the market value of the portfolio, may allow the cash component of the portfolio to build.

  While cash may represent as much as 30% of the Fund this limit can be exceeded during periods of relatively high cash inflows or during periods when the Montgomery Global investible universe is unappealing in terms of margin of safety or in anticipation of extreme market dislocation.

  Montgomery Global may, on occasion, hedge the Fund against movements in the Australian Dollar and other currencies, but the default position is to remain unhedged.

• 2. How is the Montgomery Global Fund different to the Montgomery Global Equities Fund (ASX:MOGL)?

  Montgomery Global Fund is an unlisted managed fund that issues you with units. 

  Montgomery Global Equities Fund (ASX:MOGL) is a listed fund, quoted on the ASX, and issue investors with units that can be traded at any time through an online trading account or through a stock broker.

  
  While they are completely different trusts under separate investment vehicles, both funds share the same common investment strategy and we expect that performance will closely follow the equivalent listed Montgomery Global Equities Fund (ASX:MOGL), as it maintains the same investment strategy, investment process and substantially the same portfolio.

• 3. What is the minimum initial investment?

  A minimum initial investment of $25,000 is required.

  You may also arrange to add to your initial investment through a lump sum additional investment, for which there is a minimum of $1,000, or direct debit monthly savings plan, requiring a minimum investment of $500 per month. This is processed on the 15th of each month or the next business day.

• 4. How often is income paid?

  Any income distributions are paid semi-annually (as at 30 June and 31 December each year) and can be reinvested in full or paid out entirely to the financial institution account nominated on your application form. We distribute all taxable income to investors each year, including any taxable capital gains. Distributions may also carry imputation or other tax credits. There may be periods when net income could be negative and no distribution is made.

• 5. How can I see my unit balance and investment value online?

  Our administrator, Fundhost, has a portal that investors can access to see their balance and download all statements. Once invested, you will be given registration details. Access the Fundhost client log in here: Log In.

• 6. How do I redeem my investment?

  To redeem your holding, simply fill out the Redemption Request form and have it signed by the authorised signatories on the account. Please see the manage my investment section.

  If Fundhost are paying to a bank account they have on file, they can accept a faxed or scanned copy of the redemption instruction. In normal circumstances, redemptions are processed daily, with funds generally received back to the investor within 2 business days. The cut off to receive your redemption request to receive that days price is 4pm Sydney time. Please refer to the PDS for more information.

• 7. Can I invest my personal superannuation in the fund?

  If you do not have an SMSF and want to invest your personal superannuation into the Montgomery funds, you can find out about our partnership with industry-leading superannuation provider, netwealth in more detail on this page: Investing your personal super

• 8. Do you pay any brokers/advisers remuneration?

  No commissions are paid by us to any financial advisers or brokers.

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