Key Highlights

  • The fund's listed holding is a total return swap on the MSCI ACWI Index, at 100.00%.
  • The management fee is 1.35% and the fund size is $382.44 million.
  • The fund reports a beta of 1.80 and a standard deviation of 20.95.
  • The July 2026 distribution of $1.156 is lower than the $1.306 paid in July 2025.

Munro Global Growth Fund Complex ETF (ASX:MAET) is built on an investment philosophy of identifying companies with the potential to grow at a faster rate and on a more sustainable basis than the overall market. The fund was admitted to the ASX on 2 November 2020 and last traded at $5.21 on 13 October 2026. It reports a fund size of $382.44 million.

Detail

Information

Ticker

ASX:MAET

Fund

Munro Global Growth Fund Complex ETF

Category

Equity World Long Short

Fund size

$382.44 million

Management fee

1.35%

Units on issue

71,484,467

Listed holding

TRS MSCI ACWI NR AUD, 100.00%

ASX admission date

2 November 2020

Structure

The fund's listed holding is a total return swap referencing the MSCI ACWI Net Return Index in Australian dollars, shown at 100.00%. Sector, country, market-capitalisation and stock-level weightings are not published in a standing table.

The issuer lodges a Monthly OTC Derivative Exposure Disclosure and a Monthly Portfolio Holdings report to provide further detail.

Category and style

Morningstar places the fund in the Equity World Long Short category, whose funds hold sizeable long and short positions in non-Australian equities, exchange-traded funds and related derivatives. Market exposure in the category can vary between low and moderately high over the medium term.

Funds in the category are more likely than other equity funds to have an absolute target objective rather than a market-benchmark objective.

Fee, risk and distributions

The management fee is 1.35% a year. The fund reports a beta of 1.80 and a standard deviation of 20.95. The final distribution of $1.156 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 22 July.

That is higher than the $0.134 paid in July 2024 and $0.490 in July 2021, but lower than the $1.306 paid in July 2025.

Category classification and liquidity

Morningstar places the fund in the Equity World Long Short category, which covers funds investing primarily in sizeable long and short positions in non-Australian equities, exchange-traded funds and related derivatives, with market exposure that can vary between low and moderately high and a greater likelihood of an absolute target objective.

Liquidity indicators add a further view. There are 71,484,467 units on issue, and average daily trading volume is 224,798 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 75,400 to 119,100 units, with 107,128 recorded on 13 October while the market was still open. The bid-offer range stood at $5.15 to $5.40, and the day range at $5.20 to $5.27. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged a Quarterly Fund Update on 12 October, a Units on Issue and Redemption Disclosure on 9 October, a Monthly Fund Update on 8 October and a Monthly OTC Derivative Exposure Disclosure on 7 October. Monthly Portfolio Holdings for August followed on 30 September.

Final Takeaway

MAET combines a growth-oriented, long-short approach with a swap-based structure and a 1.35% fee. Its beta of 1.80 and 20.95 standard deviation are higher than for broad equity funds, and distributions are concentrated in July. These facts do not forecast outcomes.