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MCCL

Actively managedThematic

Munro Climate Change Leaders Fund Active ETF

About this ETF

The Fund's investment strategy is to invest in a concentrated portfolio of 15 to 25 listed equities across a range of industries and countries whose earnings prospects should improve with increased investment and focus on decarbonisation. The investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning stocks.

IssuerMunro Partners
Management fee (MER)0.90% p.a.
Inception date20 Jan 2022
BenchmarkMSCI ACWI NR AUD

Scout Score

63/100
Ranked #2 of 7 in active Thematic

An independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.

Cost83
Diversification—
Liquidity75
Fund Strength33
Performance—
Income17

Strengths

  • Low fee — 0.90% p.a., cheaper than 83% of active Thematic funds.
  • Highly liquid — 0.19% bid/ask spread, better than 75% of active Thematic peers.

Weaknesses

  • Below-average yield — 0.00%, lower than 83% of active Thematic peers.
  • Small fund — $250M in assets, smaller than 67% of active Thematic funds, which can mean wider spreads.