Munro Climate Change Leaders Fund Active 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 equity funds would cost $316 (0.63% a year), so MCCL is $157 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 | 2.0 | 6.4 | −2.0 | 9.9 | 4.3 | 21.0 | −21.7 | −3.8 | 0.6 | −5.9 | 5.2YTD | ||
| 2025 | 5.5 | −8.1 | −4.5 | 3.7 | 11.9 | 26.5 | −10.7 | −3.7 | 2.2 | 6.1 | −1.7 | −1.4 | 22.8 |
| 2024 | 4.1 | 21.9 | 6.0 | −0.6 | 8.9 | −0.8 | −3.0 | 1.1 | 7.1 | 6.0 | 6.1 | −2.7 | 65.9 |
| 2023 | −1.8 | 3.3 | 3.2 | −0.4 | 5.0 | 2.1 | 3.5 | 0.7 | −5.7 | −5.0 | 4.6 | 5.0 | 14.6 |
| 2022 | −3.6 | 2.5 | −4.2 | −0.8 | −8.0 | 9.9 | 2.8 | −4.0 | 4.7 | 0.1 | −5.3 | −6.9 |
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.
MCCL questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Munro Climate Change Leaders Fund Active ETF?
The issuer of Munro Climate Change Leaders Fund Active 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 focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does MCCL double up with most?
We can't compare holdings for MCCL, as the issuer doesn't publish them in a form we can read, but its returns move most closely with Munro Concentrated Global Growth Active ETF (MCGG) (correlation 0.87). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Munro Climate Change Leaders Fund Active ETF managed – active or passive?
Munro Climate Change Leaders Fund Active ETF is actively managed. Rather than tracking an index, a fund manager at Munro / GSFM decides what to buy and sell, aiming to do better than the market after fees.
Among Global equity funds, active funds charge a median 1.00% a year and index funds 0.53%.
What will I pay in fees for MCCL?
MCCL charges a management fee of 0.90% a year, about $90 for every $10,000 invested. Only 15% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global equity funds, the median is 0.58%.
Lower-cost funds with a similar focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ) at 0.07%, SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG) at 0.10% and Betashares Climate Change Innovation ETF (ERTH) at 0.65%.
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 0.23% for MCCL.
Does Munro Climate Change Leaders Fund Active ETF follow a theme?
Yes. Munro Climate Change Leaders Fund Active ETF focuses on clean energy and climate. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a clean energy and climate focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ), SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG), Betashares Climate Change Innovation ETF (ERTH) and VanEck Global Clean Energy ETF (CLNE).
It also applies environmental, social and governance (ESG) screens, excluding companies that fail the issuer's ethical criteria.
What is under the hood of MCCL?
The issuer doesn't publish MCCL's holdings in a form we can read. Its website and fact sheet list the full portfolio.
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has Munro Climate Change Leaders Fund Active ETF performed?
Based on its category, Munro Climate Change Leaders Fund Active ETF aims to grow your capital faster than its market after fees.
To 23 Oct 2026, with distributions reinvested, it returned 5.5% over 1 year (median 3.8%; ranked 14 of 30) and 32.5% a year over 3 years (median 13.7% a year; ranked 3 of 23). The medians and rankings compare it with Global equity funds. Since listing in 2022 it has returned 18.2% a year.
As an active fund, MCCL has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.