A focus on leading global franchises
Built on a sustainable competitive advantage
Blending quality and value
Seeking high quality companies at compelling valuations
Strong long-term performance record
Historically defensive during down markets
Investment approach
The IFP Global Franchise Fund offers exposure to a concentrated portfolio of some of the world’s leading global companies. Each of these companies possess a dominant intangible asset, such as brand, patent, intellectual property or licence, which gives them a competitive advantage in their market. The investment team uses a quality and value approach driven by in-depth qualitative research, supplemented by quantitative financial analysis.
Discover access options
IFP Global Franchise Fund
Flagship, no performance fee
| Fund facts | |
| Investment objective | The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested (Benchmark) |
| Benchmark | MSCI World ex Australia Index, in $A unhedged with net dividends reinvested |
| Inception date | 17 November 2004 |
| Fund size | $A1,764.8m (current as at 31 July 2024) |
| Management fee | 1.26% pa of the net asset value of the Fund |
| Minimum investment | $A5,000 |
| Distribution frequency | Generally annually |
| APIR code | MAQ0404AU |
| Target Market Determination | The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs. View TMD |
The Fund is designed for consumers who:
- are seeking capital growth and income distribution
- are intending to use the Fund as a core component, minor allocation or satellite allocation within a portfolio
- have a minimum investment timeframe of seven years
- have a high or very high risk/return profile for that portion of their investment portfolio, and
- require the ability to have access to capital within one week of request.
Past performance is not a reliable indicator of future performance. Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions.
The performance information shown above may differ to the information in the performance report due to rounding.
* Inception date is 17 November 2004
** Total net returns are quoted after the deduction of all fees and expenses. Due to individual investor circumstances, your net returns may differ from the net returns quoted above.
*** The Benchmark is the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested.
IFP Global Franchise Fund (Hedged)
Hedged, no performance fee
| Fund facts | |
| Investment objective | The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A hedged with net dividends reinvested (Benchmark) |
| Benchmark | MSCI World ex Australia Index, in $A hedged with net dividends reinvested |
| Inception date | 23 November 2009 |
| Fund size | $A412.9m (current as at 31 July 2024) |
| Management fee | 1.26% pa of the net asset value of the Fund |
| Minimum investment | $A5,000 |
| Distribution frequency | Annually |
| APIR code | MAQ0631AU |
| Target Market Determination | The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs. View TMD |
The Fund is designed for consumers who:
- are seeking capital growth and income distribution
- are intending to use the Fund as a core component, minor allocation or satellite allocation within a portfolio
- have a minimum investment timeframe of seven years
- have a high or very high risk/return profile for that portion of their investment portfolio, and
- require the ability to have access to capital within one week of request.
Performance
Past performance is not a reliable indicator of future performance. Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions.
The performance information shown above may differ to the information in the performance report due to rounding.
* Inception date is 23 November 2009
** Total net returns are quoted after the deduction of all fees and expenses. Due to individual investor circumstances, your net returns may differ from the net returns quoted above.
*** The Benchmark is the MSCI World ex Australia Index, in $A hedged with net dividends reinvested.
Risks
All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying investments. Generally, the higher the potential return of an investment, the greater the risk (including the potential for loss and unit price variability over the short or long term). The risks of investing in this Fund include:
Investment risk: The Fund has exposure to share markets. The risk of an investment in the Fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unitholders may fluctuate, as may the Fund’s unit price, by material amounts over short periods.
Market risk: The investments that the Fund has exposure to are likely to have a broad correlation with share markets in general. Share markets can be volatile and have the potential to fall by large amounts over short periods of time. Poor performance or losses in domestic and/or global share markets are likely to negatively impact the overall performance of the Fund.
Concentration risk: The Fund may have exposure to a small number of key investments. This may result in the returns of the Fund being dependent on the returns of individual companies and industry sectors which may increase the volatility of the Fund’s unit price, and increase the risk of poor performance.
More information on the risks of investing in the Fund is contained in the Product Disclosure Statement, which should be considered before deciding to invest in the Fund.
Before you can proceed, please answer some questions to help determine if you are likely to be within the target market for any of the Funds based on your responses. The Funds available will be based on the attributes you select.
Macquarie Asset Management
Client Service
mam.clientservice@macquarie.com
PO Box R1723
Royal Exchange,
NSW 1225, Australia
For enquiries call
Toll free: 1800 814 523
Local: +61 2 8245 4900
Monday – Friday 8:30am to 5:30pm (Sydney time)
Performance report (IFP Global Franchise Fund)
Performance report (IFP Global Franchise Fund (Hedged))
Target Market Determination (IFP Global Franchise Fund)
Target Market Determination (IFP Global Franchise Fund (Hedged))
This information has been prepared by Macquarie Investment Management Australia Limited (ABN 55 092 552 611 AFSL 238321), the issuer and responsible entity of the Fund(s) referred to above. This is general information only and does not take account of the investment objectives, financial situation or needs of any person. It should not be relied upon in determining whether to invest in a Fund. In deciding whether to acquire or continue to hold an investment in a Fund, an investor should consider the Fund's product disclosure statement. The product disclosure statement is available on our website at macquarie.com/mam/pds or by contacting us on 1800 814 523. This information is intended for recipients in Australia only.