Munro Global Growth Fund Complex ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $296 (0.59% a year), so MAET is $408 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
The issuer does not publish machine-readable holdings for this fund, so exposures and holdings overlap are not available. Return correlations still are.
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.8 | −1.1 | −6.0 | 9.3 | 9.8 | 23.8 | −26.3 | −1.5 | 0.2 | −6.3 | −6.7YTD | ||
| 2025 | 5.0 | −5.1 | −7.1 | 2.1 | 7.5 | 6.0 | 4.2 | −1.6 | 1.8 | 5.6 | −5.5 | 0.6 | 12.9 |
| 2024 | 6.9 | 8.9 | 3.1 | −3.0 | 4.4 | 6.8 | −7.3 | 0.0 | 2.3 | 4.9 | 5.3 | 0.6 | 36.9 |
| 2023 | −1.4 | −1.2 | 3.3 | 1.1 | 5.2 | 0.0 | 1.7 | 1.0 | −4.8 | −0.4 | 7.7 | 2.8 | 15.5 |
| 2022 | −9.6 | −2.7 | 1.3 | −5.0 | −2.6 | −1.8 | 2.1 | −0.4 | 0.7 | 0.4 | 0.0 | −2.9 | −19.2 |
| 2021 | 2.1 | 0.4 | −2.2 | 4.0 | −3.5 | 15.5 | −5.7 | 4.6 | −3.6 | −0.2 | 4.9 | −2.5 | 12.6 |
| 2020 | 2.9 | 2.9 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
MAET questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Munro Global Growth Fund Complex ETF?
The issuer of Munro Global Growth Fund Complex ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as equity with a Global ex-Australia focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does MAET double up with most?
We can't compare holdings for MAET, as the issuer doesn't publish them in a form we can read, but its returns move most closely with Hyperion Global Growth Companies Fund - Active ETF (HYGG) (correlation 0.72), Loftus Peak Global Disruption Active ETF (LPGD) (correlation 0.71) and Munro Concentrated Global Growth Active ETF (MCGG) (correlation 0.70). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Munro Global Growth Fund Complex ETF managed – active or passive?
Munro Global Growth Fund Complex ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for MAET?
MAET charges a management fee of 1.35% a year, about $135 for every $10,000 invested. Only 1% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
Lower-cost funds with a similar focus include Vanguard MSCI Index International Shares ETF (VGS) at 0.18%, Vanguard MSCI Index International Shares (Hedged) ETF (VGAD) at 0.21% and iShares Global 100 ETF (IOO) at 0.40%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.29% for MAET.
Does Munro Global Growth Fund Complex ETF follow a theme?
No. Munro Global Growth Fund Complex ETF is a broad equity fund: it aims to cover a wide slice of its market (Global ex-Australia) rather than one theme or sector.
What is under the hood of MAET?
The issuer doesn't publish MAET's holdings in a form we can read. Its website and fact sheet list the full portfolio.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for MAET's index are in the issuer's PDS.
How well has Munro Global Growth Fund Complex ETF performed?
Based on its category, Munro Global Growth Fund Complex ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −7.5% over 1 year (median 6.3%; ranked 104 of 121), 16.5% a year over 3 years (median 16.8% a year; ranked 42 of 82) and 6.5% a year over 5 years (median 9.4% a year; ranked 51 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2020 it has returned 8.1% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for MAET; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 1.35% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.