Magellan Asset Management Limited (ASX:MHG) Announces Target Cash Distributions
Target Cash Distribution Announcement
Magellan Asset Management Limited (ASX:MHG) has announced the Target Cash Distribution per unit for the six-month period ended 30 June 2025 for its various funds. The distribution policy aligns with each Fund’s applicable Product Disclosure Statement.
The Target Cash Distribution details for the upcoming period are as follows: the Magellan Global Equities Fund (Currency Hedged) – Active ETF (MHG) is set at 7.02 cents per unit, while the Magellan Global Fund (Open Class) – Active ETF (MGOC) targets 5.69 cents per unit. Other funds, such as the Magellan Global Opportunities Fund – Class A, have a target distribution of 7.05 cents per unit.
Magellan retains the discretion to pay amounts exceeding the Target Cash Distribution per unit for each Fund. Further details on the final distribution per unit and the associated timetable will be disclosed closer to the end of the Distribution Period.
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