Magellan Global Opportunities Fund - Active ETF · ASX:OPPT
Magellan Global Opportunities Fund - Active ETF — Magellan Global Fund — Merger or Acquisition (November 2020)
9 slides from Magellan Global Opportunities Fund - Active ETF's merger presentation, November 2020
Slide 1: Magellan Global Fund Unitholder Meeting Presentation
Magellan Global Fund Unitholder Meeting Presentation Brett Cairns, CEO – Magellan Asset Management
Slide 2: Important information
Important information This presentation (‘Presentation’) has been produced by Magellan Asset Management Limited (‘Magellan’) ABN 31 120 593 946, AFS Licence No 304 301. Units in any funds referred to in the Presentation are issued by Magellan. This material has been provided for general information
Slide 3: Introduction
Introduction • On 3 August 2020, Magellan Asset Management (“Magellan”) announced the proposed restructure of three Global Equities retail funds, being the Magellan Global Fund, the Magellan Global Equities Fund (“MGE”) and the Magellan Global Trust (“MGG”) into a single trust (Magellan Global Fund)
Slide 4: Post restructure structure
Magellan Global Fund post restructure POST IMPLEMENTATION CURRENT STRUCTURE Magellan Magellan Global Magellan Magellan Global Fund Global Fund Equities Global Trust Fund Closed Class Open Class (ASX: MGF) (ASX: MGOC IF IMPLEMENTED Continue holding Receive Receive Open Class Units Open Class Units Cl
Slide 5: Trust features summary
Trust features summary Magellan Global Fund Closed Class (ASX: MGF) Open Class (ASX: MGOC) ASX (AQUA Rules) Access ASX (Official List / Listing Rules) Direct applications/redemptions off market with RE Responsible Entity and Magellan Asset Management Limited Investment Manager Investment mandate Glo
Slide 6: Key considerations for Magellan Global Fund Unitholders
Key considerations for Magellan Global Fund Unitholders What will I receive if the • Magellan Global Fund Unitholders will continue to hold the same units in Magellan Global Fund Restructure is • The number of units they hold will remain unchanged implemented? • Their units will be referred to as Op
Slide 7: Key Dates
Key Dates Wednesday, 25 November • Unitholder meetings for Magellan Global Fund, MGG and MGE If approved by unitholders, and all other conditions precedent are fulfilled or waived, the following key dates will apply: Thursday, 26 November • Second Judicial Advice hearing • Effective Date Friday, 27
Slide 8: MGF Partnership Offer
MGF Partnership Offer • Post implementation, it is intended to invite Magellan Global Fund unitholders to subscribe for new Closed Class Units and receive additional Closed Class Units funded by Magellan Financial Group − Invitation to subscribe for $1 of Closed Class Units for every $4 of MGF units
Slide 9: Thank you
Thank you www.magellangroup.com.au Phone: +61 2 9235 4888
Magellan Global Fund — Merger or Acquisition (November 2020) on 6ix