Morningstar International Shares (ASX:MSTR) Offers Active Global Exposure Through a Hedged Fund

Sonal Goyal

06 November 2026 11:49 PM AEDT

Morningstar International Shares (ASX:MSTR) Offers Active Global Exposure Through a Hedged Fund

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Highlights

Morningstar International Shares Active ETF (ASX:MSTR) has management fees and costs of 0.39% per annum.
Last quoted price on 6 November 2026 was AUD 8.63.
The reported holdings count is 247 underlying holdings; the leading positions account for 24.12%.

Morningstar International Shares Active ETF (ASX:MSTR) provides international Equity exposure. Its last quoted price on 6 November 2026 was AUD 8.63. The Quotation was delayed by at least 20 minutes.

Mandate and portfolio construction

The fund predominantly invests in the Morningstar International Shares Hedged Fund and some cash. It may also use Derivatives to obtain desired exposures or manage risks. The listed vehicle therefore provides access through an underlying managed fund, rather than necessarily holding every displayed operating company directly. Its strategy is active, with a currency hedged international equity classification.

Fund measure	Value
Reference benchmark	Morningstar Global Markets ex Australia Hedged Net Return AUD
Investment classification	Equity World Currency Hedged
Management fees and costs	0.39% per annum
Last quoted price	AUD 8.63
Day trading range	AUD 8.62–8.75
Bid and offer	AUD 8.60–8.65
Trading volume	40,564
ISIN	AU0000058596

Exposure and concentration

Technology and industrials together represent 51.34% of the sector breakdown. The 247 reported company holdings and their weights describe underlying exposure. The United States leads the geographic allocation, while China, Taiwan and the United Arab Emirates also appear. Hedging seeks to reduce currency effects but leaves the economic and market risks of these investments in place.

Sector	Weight %
Technology	34.23
Industrials	17.11
Financial Services	12.57
Healthcare	8.74
Consumer Defensive	8.61
Communication Services	7.30
Consumer Cyclical	5.66
Real Estate	2.71
Basic Materials	2.63
Energy	0.42

Geographic exposure	Weight %
United States	66.34
United Kingdom	5.73
Japan	5.46
China	3.19
Taiwan	3.04
Switzerland	2.29
United Arab Emirates	2.07
France	2.00
Finland	1.95
Denmark	1.48

Company market capitalisation	Allocation %
Above AUD1 billion	90.75
AUD500 million to AUD1 billion	8.21
Below AUD500 million	1.04

Asset type	Allocation %
Cash	1.14
Shares	98.31
Bonds	0.00
Other	0.55

Largest disclosed positions

Code or instrument	Holding	Weight or exposure %
AAPL	Apple	4.73
NVDA	NVIDIA	3.22
CSCO	Cisco Systems	2.52
LRCX	Lam Research	2.18
GOOGL	Alphabet Class A	2.14
SDRl	Schroders	2.05
EMAARDEV	Emaar Development	1.91
ITW	Illinois Tool Works	1.86
V	Visa	1.73
CTSH	Cognizant Technology Solutions	1.72

Costs and distribution details

Management fees and costs for MSTR (ASX:MSTR) are 0.39% per annum. Brokerage and the bid and offer spread can also affect transaction costs.

The latest listed final distribution was AUD 1.962 per unit. The ex-distribution date was 1 July 2026, the Record Date 2 July 2026 and the payment date 15 July 2026. The payment dates have passed. Future distributions can vary.

The profile lists Beta of 0.91 and Standard Deviation of 11.77. The calculation basis is unspecified; neither figure predicts future price movements.

Key Insights

MSTR (ASX:MSTR) is defined by its mandate, underlying exposure and concentration. Sector weights, geographic allocations and the largest holdings show where the principal equity exposures sit. Fees and variable distributions also affect the experience of holding units.

FAQs

Q: What annual management cost is listed?

A:0.39% per annum.

Q: How many holdings are reported?

A:247 underlying holdings. The count may include instruments or underlying holdings.

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