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WAYS TO INVEST

Platinum Global Fund

mFund code:PLM01

A diversified long-only portfolio of companies from around the world and across industry sectors, the fund offers investors exposure to undervalued businesses in both developed and emerging markets.

Fund assets A$34.6m^ As at 30 Apr 2024

Inception date 08 Sep 2014

Return 9.1% p.a.* Compound since inception

Investment Objective

INVESTMENT OBJECTIVE & STRATEGY

Investment Objective

To provide capital growth over the long term by investing in undervalued companies from around the world.

Investment Strategy

The Platinum Global Fund invests in companies that Platinum believes to be undervalued by the market. The fund is not required to allocate its investments in set percentages in particular countries or sectors and may invest in emerging markets without limit. Cash may be held when opportunities to make investments in undervalued securities are scarce. Accordingly, the fund may at times hold significant cash positions.

The fund’s key investment guidelines are summarised below. For further details, please refer to the Product Disclosure Statement and Additional Information Booklet.

*Source: Platinum. The return is calculated using the net asset value per unit of the fund. It is net of accrued fees and costs, pre-tax, and assumes the reinvestment of distributions. Historical performance is not a reliable indicator of future performance..

UPDATES & REPORTS

Latest Fund Information

Quarterly Investment Manager's Report

March 2024

Monthly Investment Update

April 2024

Distribution & Tax Statement

June 2023

Financial Statements

December 2023

Performance

1m 3m 6m 1yr 2yr p.a. 3yr p.a. 5yr p.a. 10yr p.a. Since inception p.a. Inception date Portfolio value A$mil
Platinum Global Fund -0.26 6.87 11.15 8.73 12.48 4.66 7.86 - 9.07 08 Sep 2014 34.60
MSCI AC World Net Index in A$ -2.85 5.89 16.78 19.54 14.54 10.48 11.22 - 12.09 08 Sep 2014 -

As at 30 April 2024.

Source: Platinum for fund returns and Rimes Technologies Inc. for index returns. Fund returns are net of accrued fees and costs, pre-tax, and assume the reinvestment of distributions. Returns in the line graph are cumulative assuming an initial investment of $10,000. All "p.a." returns are annualised. Historical performance is not a reliable indicator of future performance. Platinum does not invest by reference to the weightings of the index and the fund’s holdings may vary considerably to the make-up of the index. The index is provided as a reference only. All data where MSCI is referenced is the property of MSCI Inc. No use or distribution of this data is permitted without the written consent of MSCI Inc. The data is provided “as is” without any warranties by MSCI Inc. MSCI Inc. assumes no liability for or in connection with this data. See Terms and Conditions for full MSCI disclaimer.

Unit Price & Distribution History

Platinum Global Fund (mFund code: PLM01)

Unit Price History

Date Entry (A$) NAV per unit (A$) Exit (A$)
17 May 2024 1.5322 1.5299 1.5276
16 May 2024 1.5293 1.5270 1.5247
15 May 2024 1.5174 1.5151 1.5128
14 May 2024 1.5122 1.5099 1.5076
13 May 2024 1.5103 1.5080 1.5057
10 May 2024 1.5070 1.5047 1.5024
09 May 2024 1.5000 1.4978 1.4955
08 May 2024 1.4999 1.4977 1.4954
07 May 2024 1.4975 1.4953 1.4930
06 May 2024 1.4982 1.4960 1.4937
Download Data
Learn more about unit pricing dates
Platinum uses a forward pricing methodology. Applications for investment in the fund received and identified (and accepted by us) by 3:00 pm (AEST) on a Business Day are processed with an entry price calculated for that Business Day. Applications received and indentified (and accepted by us) after 3:00pm AEST on a Business Day (but by the next cut-off time) will generally be processed using the entry price calculated for the next Business Day.
Standard Pricing Timeline
Where a withdrawal/application request is accepted by us by 3pm AEST on a Business Day, we will generally process those trades with an exit/entry price calculated by reference to closing prices of global equity markets on the trade acceptance date.
For example, where an investor has deposited monies and we have accepted their completed Application Form with the necessary supporting documentation by 3pm, Tuesday 5 December 2023, the application will generally receive the entry price calculated by reference to closing prices of global equity markets on Tuesday 5 December 2023. Withdrawal requests are processed in the same manner.
Public Holiday Pricing
Where a withdrawal/application request is accepted by us by 3pm AEST on a Business Day which falls prior to a public holiday, we will generally process those trades with an exit/entry price calculated by reference to closing prices of global equity markets on the trade acceptance date.
For example, where an investor has deposited monies and we have accepted their completed Application Form with the necessary supporting documentation by 3pm on Friday 29 September 2023, the Business Day prior to the Labour Day holiday, the application will generally receive the entry price calculated by reference to closing prices of global equity markets on Friday 29 September 2023. Withdrawal requests are processed in the same manner.
Unit prices are updated on our website at approximately 5:30 pm AEST each Business Day.
Please refer to ‘Manage your Investment’ for how to apply for units and make withdrawals.

Dividend History

Date Distribution
(A$ per unit)
Reinvestment
price (A$)
Distribution
Statement
30 Jun 2023 0.093034 1.3677 -
30 Jun 2022 0.069125 1.1927 -
30 Jun 2021 0.119226 1.4718 -
30 Jun 2020 0.058069 1.1828 -
30 Jun 2019 0.077765 1.2709 -
30 Jun 2018 0.090492 1.3631 -
30 Jun 2017 0.032297 1.2511 -
30 Jun 2016 0.023376 1.0502 -
30 Jun 2015 0.033697 1.1680 -

The distributions shown above are historical and no warranty can be given for future distributions.

The fund may earn income (such as dividends and interest) from its investments and may also realise capital gains or losses on the sale of its investments. Income and net realised capital gains are distributed to unitholders annually as at 30 June. The components of the distribution will vary from year to year, the details of which are set out in the annual distribution and tax statements provided to unitholders. There may also be times when no distribution is payable.

Distributions are calculated in dollars-per-unit on the number of units held by a unitholder as at the end of the distribution date. This means that a unitholder’s distribution entitlement from the fund is not pro-rated for the duration of the unitholder’s investment in the fund during the tax year.

When a distribution is made, the unit price will fully reflect the distribution.

Unitholders will generally receive their entitlement (if payable) within 15 Business Days after the distribution date.

Unitholders may elect to have their distribution entitlement:
  • reinvested as additional units in the same unit class of the fund;
  • paid into the unitholder’s nominated financial institution account; or
  • fixed cash distribution option, currently set at 4% per annum
If no election is made, the unitholder’s distribution entitlement will be automatically reinvested. Additional units will be issued at the net asset value unit price on the relevant Business Day, and the buy spread will not apply.

Visit Manage your Investment to change your distribution election.

Platinum Global Fund

Fund Deatils

Name Platinum Global Fund
mFund Code PLM01
Legal Structure Unlisted, open-ended unit trust
Distribution Annually at 30 June
Minimum Investments Invest directly through Platinum:
A$10,000.00 or NZ$10,000.00
Invest though the ASX mFund Settlement Service via a licensed broker:
A$10,000.00
Buy/Sell Spread 0.15% / 0.15% of NAV unit price
How to Invest & Transact Download Invest & Transact
Management Costs C Class Standard fee option: 1.35% p.a. of NAV
P Class Performance fee option: 1.10% p.a. of NAV plus 15% p.a. of outperformance over benchmark
For more information about fees and costs: Download Fees & Costs
Offer Document Download Product Disclosure Statement
Continuous Disclosure Download Continuous Disclosure

Ready to Invest with Platinum?

FORMS - INVESTED VIA PLATINUM

Platinum Global Fund (mFund code: PLM01)

Make an initial investment (new account)
Make an additional investment (existing account)
Set up, amend or cancel a regular investment plan (AU only)
Set up, amend or cancel a regular investment plan (NZ only)
Update my details
Withdraw an investment
Transfer an investment
Authorise someone to access my account (individual representative)
Authorise someone to access my account (corporate representative)
Register for secured online access

FORMS - INVESTED VIA BROKER

Update my details
Register for secured online access
Set up, amend or cancel a regular investment plan (AU only)
Set up, amend or cancel a regular investment plan (NZ only)
Authorise someone to access my account (individual representative)
Authorise someone to access my account (corporate representative)

ASX Announcements

Platinum Global Fund (mFund code: PLM01)

06 May 2024 mFund - Monthly Redemption Report - PLM01
04 Apr 2024 Monthly redemptions and units on issue March 2024
06 Mar 2024 Monthly redemptions and units on issue February 2024
26 Feb 2024 2024 Interim Financial Report
06 Feb 2024 Monthly redemptions and units on issue January 2024
05 Jan 2024 Monthly Redemptions and net units on issue December 2023
19 Dec 2023 Target Market Determinations
06 Dec 2023 Monthly redemptions and units on issue November 2023
06 Nov 2023 Monthly redemptions and units on issue October 2023
05 Oct 2023 Monthly redemptions and units on issue September 2023
06 Sep 2023 Monthly redemptions and units on issue August 2023
30 Aug 2023 2023 Annual Report
04 Aug 2023 Monthly redemptions and units on issue July 2023
11 Jul 2023 2023 Final Distribution
06 Jul 2023 Monthly redemptions and units on issue June 2023
06 Jun 2023 Monthly redemptions and units on issue May 2023
04 May 2023 Monthly redemptions and units on issue April 2023
06 Apr 2023 Monthly redemptions and units on issue March 2023
06 Mar 2023 Monthly redemptions and units on issue February 2023
06 Feb 2023 Monthly redemptions and units on issue January 2023
06 Jan 2023 Monthly redemptions and units on issue December 2022
06 Dec 2022 Monthly redemptions and units on issue November 2022
04 Nov 2022 Monthly redemptions and units on issue October 2022
07 Oct 2022 Monthly redemptions and units on issue September 2022
07 Sep 2022 Monthly redemptions and units on issue August 2022
31 Aug 2022 PGF Annual Financial Report 30 Jun 2022
04 Aug 2022 Monthly redemptions and units on issue July 2022
21 Jul 2022 2022 Final Distribution
07 Jul 2022 Monthly redemptions and units on issue June 2022
06 Jun 2022 Monthly redemptions and units on issue May 2022
05 May 2022 Monthly redemptions and units on issue April 2022
07 Apr 2022 Monthly redemptions and units on issue March 2022
04 Mar 2022 Monthly redemptions and units on issue February 2022
25 Feb 2022 PGF Interim Financial Report December 2021
04 Feb 2022 Monthly redemptions and units on issue January 2022
06 Jan 2022 Monthly redemptions and units on issue December 2021
06 Dec 2021 Monthly redemptions and units on issue November 2021
07 Oct 2021 Monthly redemptions and units on issue September 2021
01 Oct 2021 Platinum Global Fund Product Disclosure Statement and Additional Information Booklet
06 Sep 2021 Monthly redemptions and units on issue August 2021
31 Aug 2021 PGF Annual Financial Report 30 Jun 2021
06 Aug 2021 Monthly redemptions and units on issue July 2021
08 Jul 2021 2021 Final Distribution
07 Jul 2021 Monthly redemptions and units on issue June 2021
04 Jun 2021 Monthly redemptions and units on issue May 2021
20 May 2021 Platinum Global Fund Product Disclosure Statement No. 6 and Additional Information Booklet
06 May 2021 Monthly redemptions and units on issue April 2021
08 Apr 2021 Monthly redemptions and units on issue March 2021
04 Mar 2021 Monthly redemptions and units on issue February 2021
25 Feb 2021 Interim Financial Report 31 Dec 2020
04 Feb 2021 Monthly redemptions and units on issue January 2021
07 Jan 2021 Monthly redemptions and units on issue December 2020
07 Dec 2020 Net Asset Value 30/11/2020
04 Dec 2020 Monthly redemptions and units on issue Nov 2020
05 Nov 2020 Monthly redemptions and units on issue Oct 2020
07 Oct 2020 Monthly redemptions and units on issue Sep 2020
07 Sep 2020 Monthly redemptions and units on issue August 2020
01 Sep 2020 PGF Annual Financial Report 30 Jun 2020
07 Aug 2020 Monthly redemptions and units on issue July 2020
07 Jul 2020 Monthly redemptions and units on issue June 2020
04 Jun 2020 Monthly redemptions and units on issue May 2020
06 May 2020 Monthly redemptions and units on issue Apr 2020
06 Apr 2020 Monthly redemptions and units on issue Mar 2020
03 Mar 2020 Monthly redemptions and units on issue Feb 2020
28 Feb 2020 Interim Financial Report 31 Dec 2019
07 Feb 2020 Monthly redemptions and units on issue Jan 2020
10 Jan 2020 Additional Information Booklet to PDS No. 5
10 Jan 2020 Product Disclosure Statement (PDS) No. 5
07 Jan 2020 Monthly redemptions and units on issue Dec 2019
05 Dec 2019 Monthly redemptions and units on issue Nov 2019
05 Nov 2019 Monthly redemptions and units on issue Oct 2019
03 Oct 2019 Monthly redemptions and units on issue Sep 2019
13 Sep 2019 Annual Report - 30 June 2019
05 Sep 2019 Monthly redemptions and units on issue Aug 2019
07 Aug 2019 Monthly redemptions and units on issue Jul 2019
05 Jul 2019 2019 Final Distribution
05 Jul 2019 Monthly redemptions and units on issue Jun 2019
06 Jun 2019 Monthly redemptions and units on issue May 2019
06 May 2019 Monthly redemptions and units on issue Apr 2019
04 Apr 2019 Monthly redemptions and units on issue Mar 2019
06 Mar 2019 Monthly redemptions and units on issue Feb 2019
20 Feb 2019 Change of buy / sell spread
07 Jan 2019 Monthly redemptions and units on issue Dec 2018
07 Dec 2018 Monthly redemptions and units on issue Nov 2018
07 Nov 2018 Monthly redemptions and units on issue Oct 2018
04 Oct 2018 Monthly redemptions and units on issue Sep 2018
07 Sep 2018 Monthly redemptions and units on issue Aug 2018
06 Aug 2018 Monthly redemptions and units on issue Jul 2018
05 Jul 2018 2018 Final Distribution
07 Jun 2018 Monthly redemptions and units on issue May 2018
04 May 2018 Monthly redemptions and units on issue Apr 2018
06 Apr 2018 Monthly redemptions and units on issue Mar 2018
07 Mar 2018 Monthly redemptions and units on issue Feb 2018
22 Feb 2018 Change of portfolio manager from 1 July 2018
07 Feb 2018 mFund ASX Letter Jan 2018
09 Jan 2018 mFund ASX Letter Dec 2017
07 Dec 2017 mFund ASX Letter Nov 2017
07 Nov 2017 mFund ASX Letter Oct 2017
10 Oct 2017 mFund ASX Letter Sept 2017
11 Sep 2017 mFund ASX Letter August 2017
30 Aug 2017 Annual Report - 30 June 2017
29 Aug 2017 PLM01 Financial Report - 30 June 2017
08 Aug 2017 mFund ASX Letter July 2017
10 Jul 2017 mFund ASX Letter Jun 2017 Distribution
10 Jul 2017 mFund ASX Letter June 2017
03 Jul 2017 New Product Disclosure Statement (PDS No 3)
03 Jul 2017 New Additional Investment Booklet (AIB No' 3)
07 Jun 2017 mFund ASX Letter May 2017
05 May 2017 mFund ASX Letter Apr 2017
10 Apr 2017 mFund ASX Letter Mar 2017
07 Mar 2017 mFund ASX Letter Feb 2017
07 Feb 2017 mFund ASX Letter Jan 2017
07 Jan 2017 mFund ASX Letter Dec 2016
07 Dec 2016 mFund ASX Letter Nov 2016
07 Nov 2016 mFund ASX Letter Oct 2016
07 Oct 2016 mFund ASX Letter Sep 2016
08 Sep 2016 mFund ASX Letter Aug 2016
30 Aug 2016 PLM01 Financial Report - 30 June 2016
05 Aug 2016 mFund ASX Letter Jul 2016
11 Jul 2016 mFund ASX Letter Jun 2016 Distribution
11 Jul 2016 mFund ASX Letter Jun 2016
07 Jun 2016 mFund ASX Letter May 2016
06 May 2016 mFund ASX Letter Apr 2016
08 Apr 2016 mFund ASX Letter Mar 2016
07 Mar 2016 mFund ASX Letter Feb 2016
05 Feb 2016 mFund ASX Letter Jan 2016
08 Jan 2016 mFund ASX Letter Dec 2015
07 Dec 2015 mFund ASX Letter Nov 2015
06 Nov 2015 mFund ASX Letter Oct 2015
08 Oct 2015 mFund ASX Letter Sep 2015
07 Sep 2015 mFund ASX Letter Aug 2015
31 Aug 2015 PLM01 Financial Report - 30 June 2015
07 Aug 2015 mFund ASX Letter Jul 2015
10 Jul 2015 mFund ASX Letter Jun 2015
09 Jul 2015 mFund ASX Letter Jun 2015 Distribution
05 Jun 2015 mFund ASX Letter May 2015
07 May 2015 mFund ASX Letter Apr 2015
09 Apr 2015 mFund ASX Letter Mar 2015
06 Mar 2015 mFund ASX Letter Feb 2015
09 Feb 2015 mFund ASX Letter Jan 2015
07 Jan 2015 mFund ASX Letter Dec 2014
07 Dec 2014 mFund ASX Letter Nov 2014
07 Nov 2014 mFund ASX Letter Oct 2014
08 Oct 2014 mFund ASX Letter Sept 2014

OUR TEAM

The Team Behind Your Investments

Clay Smolinski

Co-Chief Investment Officer and Co-Portfolio Manager – Global strategies

View profile

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