Magellan’s Airlie Fund Announces 7.33 Cents Per Unit Distribution

Distribution Announcement and Timetable

Magellan Asset Management Limited has confirmed a final distribution of 7.33 cents per unit for the Airlie Australian Share Fund – Active ETF (AASF) for the six-month period ending 30 June 2025. This announcement provides clarity for investors on the income they can expect from the fund for the first half of the year.

The distribution timetable is clearly outlined, with the ex-distribution date set for 1 July 2025, followed by the record date on 2 July. Investors wishing to participate in the Distribution Reinvestment Plan (DRP) must submit their election by 3 July, with payments scheduled for 21 July 2025. This structured timeline ensures investors have ample opportunity to make informed decisions regarding their income and reinvestment options.

Fund Structure and Investment Approach

The Airlie Australian Share Fund is designed to deliver both long-term capital growth and regular income by investing primarily in Australian equities. The fund’s portfolio typically holds between 15 and 35 securities, allowing for focused exposure while maintaining diversification. The investment process emphasizes four key criteria – financial strength, management quality, business quality, and valuation, reflecting a disciplined approach to stock selection.

Notably, the fund is classified as an Attribution Managed Investment Trust for the 2025 income year. This classification has implications for tax reporting and distribution transparency, providing investors with clarity on how income is attributed and taxed.

Distribution Reinvestment Plan Details

The DRP remains an important feature for investors seeking to compound their returns by reinvesting distributions into additional units of the fund. With the election deadline on 3 July, investors have the option to increase their holdings without incurring brokerage costs. This mechanism supports long-term wealth accumulation and aligns with the fund’s growth objectives.

Further details on the DRP and distribution specifics are accessible on the fund’s official webpage, ensuring transparency and ease of access for unit holders.

Looking Ahead

While the distribution amount is final, the announcement does not provide comparative context against previous periods or insights into the fund’s yield. Investors and analysts will be watching closely for upcoming performance updates and how the fund navigates market conditions in the second half of 2025.