Munro
Munro Concentrated Global Growth Fund
Global Growth
Jun 2025 → Jun 2026
Our archive holds 6 letters from this strategy, behind 2 investment theses and positions in 12 companies. Every quote below is copied verbatim from the letter it came from.
6 letters in 2 years · follow all of Munro for every strategy.
Performance
as of Jun 30, 2026 · net of fees · AUD · Munro Concentrated Global Growth Fund (AUD)
- YTD+22.1%
- 1Y+22.2%index +14.9%
- 3Y · /yr+29.7%index +17.8%
- 5Y · /yr+18.1%index +13.4%
- Inception · /yr+20.4%index +14.0%
Index: MSCI World (ex-Aus) Index
| YTD | 1Y | 3Yper year | 5Yper year | Since inceptionper year | |
|---|---|---|---|---|---|
| Munro Concentrated Global Growth Fund | +22.1% | +22.2% | +29.7% | +18.1% | +20.4% |
| MSCI World (ex-Aus) Index | — | +14.9% | +17.8% | +13.4% | +14.0% |
Calendar years
- 2025+28.5%
- 2024+39.0%
- 2023+22.7%
- 2022−14.2%
- 2021+26.5%
- 2020+19.0%
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
we have since exited the position.
AMD contributed 194bps to performance for the June quarter, and ARM contributed 165bps over the same period.
Alphabet’s earnings also provided evidence to support further investment.