Munro Global Growth Fund (MAET)

Munro Global Growth Fund is an actively managed, absolute return global equity strategy that seeks meaningful, risk-adjusted returns through exposure to innovative and fast-growing companies worldwide. Managed by Munro Partners, it employs a long/short equity approach with a long bias, focusing on sustainable growth trends, structural changes, and underappreciated opportunities mispriced by the market. The fund builds a concentrated portfolio of 30-50 high-conviction positions, index- and sector-agnostic, selected via quantitative and qualitative screens emphasizing earnings growth as the driver of stock prices. Key sectors include electronic technology, technology services, health technology, and producer manufacturing. To prioritize capital preservation, it utilizes tools like increased cash holdings, short positions for benefiting from declines, put options, currency hedging, and equity exposure adjustments, aiming to smooth volatility without using shorts purely for hedging. This positions the fund as a complement to traditional value or core global equity strategies, cash, and bonds in diversified portfolios. Founded in 2016 and headquartered in Australia, it provides investors access to global growth equities with a disciplined risk management focus.