Unitholders Approve MHH Transition to ETMF


August 26, 2021
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Unitholders of Magellan High Conviction Trust have voted in favour of the transition from a Listed Investment Trust (LIT) to an Exchange Traded Managed Fund (ETMF). MHH will be removed from the ASX on 30 August 2021 and the ETMF will commence trading under the ticker MHHT from 31 August 2021.

There is no change to the investment strategy, distribution policy or fees associated with the Trust. The Trust will continue to invest in a concentrated portfolio of Magellan’s highest conviction ideas and aim to deliver a target cash distribution yield of 3%p.a.