Munro Concentrated Global Growth fund lists

Global absolute return equity manager Munro Partners and GFSM have launched a listed version of the Munro Concentrated Global Growth fund on the ASX (MCGG).

The MCGG fund is a concentrated fund and invests in 20 to 40 growth-oriented global equities. The investment management team aims to identify sustainable growth trends that are under-appreciated and mis-priced by the market.

"We focus on identifying and investing in global companies that have the potential to grow at a faster rate, and at a more sustainable basis, than the overall market," Munro Partners chief investment officer, Nick Griffin said.

GFSM distributes Munro Partners products in Australia.

"This fund is for investors who are seeking a long term exposure to a concentrated portfolio of growth oriented global equities with the potential for capital gain," GFSM chief executive officer, Damian McIntyre said.

"It can be used as either a core component or satellite within a portfolio for investors with a high risk/ return profile, and a medium-to-long term investment timeframe, but who still wants the option of daily access to capital."