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The Munro Global Growth Fund Complex ETF, listed on the ASX under the ticker MAET, has published its monthly report on units issued and redemptions for June 2026, highlighting robust unit growth and net inflows. During the month, the fund issued a net total of 1,150,348 units, with the net value of units issued surpassing $7.66 million. By the end of June 2026, the total units on issue reached 59,699,726, demonstrating sustained investor interest in the fund's global growth investment approach. This report, filed in compliance with ASX AQUA Rules, offers transparency regarding fund flows and unit movements.<\/p> <\/div>
Key Points<\/h3>
- Fund: Munro Global Growth Fund Complex ETF, ASX code: MAET<\/li>
- Reporting period: Month ended 30 June 2026<\/li>
- Units issued: 1,231,722; units redeemed: 81,374 in June 2026<\/li>
- Net units issued: 1,150,348; net value of units issued: $7,661,761.74<\/li>
- Total units on issue as of 30 June 2026: 59,699,726<\/li>
- Value of units issued: $8,242,935.68; value of units redeemed: $581,173.94<\/li>
- Market participants will monitor whether the net inflow trend continues into July 2026<\/li>
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June 2026 Sees Issuance of 1,231,722 Units, Reflecting Strong Demand for Munro's Global Growth Approach<\/h2>
In June 2026, the Munro Global Growth Fund Complex ETF issued 1,231,722 units valued at $8,242,935.68. This gross issuance activity during the month used the fund’s net asset value, excluding transaction costs<\/a>, as the pricing basis, as detailed in the company’s update.<\/p>
The volume of newly created units indicates ongoing investor demand for exposure to global growth equities through the MAET ETF. This exchange-traded structure provides investors with intraday liquidity<\/a> while accessing Munro Partners’ active global growth investment strategy. The issuance significantly exceeded redemptions, suggesting a positive net flow environment during the month.<\/p>
Redemptions of 81,374 Units Represent a Minor Portion of June Activity<\/h2>
Redemptions in June 2026 totaled 81,374 units, with a redemption value of $581,173.94, which is modest compared to the gross issuance volume. These redemptions represent units exiting the fund during the reporting period and are disclosed in compliance with ASX AQUA Rules.<\/p>
The relatively low redemption volume compared to new unit creation indicates generally favorable investor sentiment at the end of the financial year. The net redemption rate, defined as redemptions relative to total units on issue, remained low, pointing to limited selling pressure. The company did not provide specific commentary on factors influencing redemption activity.<\/p>
Net Inflow of $7.66 Million Brings Total Units on Issue to Nearly 59.7 Million as of 30 June 2026<\/h2>
The net effect of June’s issuance and redemption activity was an increase of 1,150,348 units, with a net value of $7,661,761.74. This net inflow is calculated as the difference between the value of units issued and redeemed during the month, excluding transaction costs.<\/p>
At month-end on 30 June 2026, total units on issue stood at 59,699,726. This figure is a key metric for investors and market participants, reflecting the fund’s size in unit terms. While the announcement did not disclose the total fund value in dollars beyond issuance and redemption amounts, a rising unit count generally signals growth in funds under management.<\/p>
GSFM Responsible Entity Services Oversees Fund Under ARSN 630 318 053<\/h2>
The Munro Global Growth Fund Complex ETF operates under GSFM Responsible Entity Services Limited, which holds Australian Financial Services Licence number 321517 and ABN 48 129 256 104. The fund is registered with ARSN 630 318 053. GSFM acts as the responsible entity and issuer of the monthly report.<\/p>
This responsible entity framework is standard for Australian managed investment schemes, with GSFM legally accountable for fund operations and compliance, including the disclosure of monthly unit activity reports under ASX AQUA Rules. Investors seeking further details on governance and investment strategy can access the Product Disclosure Statement on the GSFM website at www.gsfm.com.au or contact the fund administrator at 1300 133 451.<\/p>
Monthly Disclosure of Unit Creation and Redemption Required by ASX AQUA Rules<\/h2>
The report was submitted in accordance with ASX AQUA Rules 10A.4.2(b), 10A.4.2(cd), and ASX Operating Rules Procedure 10A.4.1(f) and 10A.4.2. These regulations mandate regular disclosure of unit issuance, redemption, and net unit balances for complex ETFs listed on the ASX to ensure market transparency.<\/p>
The AQUA Rules apply to managed funds, ETFs, and structured products listed on the ASX that are not subject to the standard Listing Rules<\/a> for equities. By requiring monthly reporting of unit flows, these rules provide investors and market participants with insights into demand and supply<\/a> dynamics for individual ETFs. For MAET, this enables tracking of fund size and flow trends each month.<\/p>
ETF Structure Offers Exchange-Traded Access to Munro Partners’ Active Global Growth Portfolio<\/h2>
The Munro Global Growth Fund Complex ETF provides investors with exposure to Munro Partners’ actively managed global growth strategy via an ASX-listed vehicle. The "complex ETF" designation reflects its active management approach, which goes beyond passive index tracking. Munro Partners employs a concentrated, high-conviction investment style focused on secular growth themes.<\/p>
The ETF format allows investors to trade units on the ASX during market hours, offering liquidity advantages over unlisted funds. The monthly report did not include details on portfolio holdings or performance. Investors interested in the fund’s strategy and holdings should consult the Product Disclosure Statement and Target Market Determination<\/a>, both available on the GSFM website.<\/p>
Target Market Determination Defines Investor Suitability for MAET<\/h2>
GSFM Responsible Entity Services has issued a Target Market Determination (TMD) for the Munro Global Growth Fund Complex ETF, fulfilling Australian regulatory requirements. The TMD identifies the class of investors for whom the product is appropriate and is publicly accessible at www.gsfm.com.au. This requirement stems from the Design and Distribution Obligations (DDO) regime, which mandates issuers to specify the intended investor profile.<\/p>
The announcement includes a standard disclaimer noting that the monthly update does not consider individual investors’ objectives, financial situations, or needs. It serves as informational disclosure rather than personal financial advice. Prospective investors should evaluate suitability based on their circumstances and seek independent advice if necessary.<\/p>
Company Secretary Bridget Grant Filed June 2026 Compliance Report via E-Lodgement<\/h2>
The June 2026 monthly units on issue report was signed by Company Secretary Bridget Grant and lodged electronically with the ASX on 2 July 2026. This timely submission complies with the monthly reporting requirements under the AQUA Rules, which require complex ETF issuers to report unit activity within a specified timeframe after month-end.<\/p>
Such filings are routine but critical for transparency in Australia’s exchange-traded product market. They form part of the public record accessible to all market participants. No additional commentary or qualitative insights accompanied this compliance report.<\/p>
Investors Will Monitor July 2026 Report for Continuation of Positive Unit Flow Trends<\/h2>
With June 2026 showing a net inflow exceeding $7.66 million and total units on issue nearing 59.7 million, investors tracking MAET will be watching the July 2026 report to see if this momentum persists into the new financial year. Ongoing unit flow trends can serve as an informal gauge of investor confidence in Munro Partners’ global growth strategy.<\/p>
The immediate market impact of this disclosure was unclear, as monthly unit activity reports primarily fulfill compliance obligations rather than act as market-moving news. Nevertheless, sustained net positive inflows are generally viewed favorably for actively managed ETFs, as growing assets under management enhance the fund manager<\/a>’s ability to implement its investment approach. The forthcoming July 2026 monthly report will provide the next update on unit issuance and redemption activity for the fund.<\/p>
June 2026 Sees Issuance of 1,231,722 Units, Reflecting Strong Demand for Munro's Global Growth Approach<\/h2>
In June 2026, the Munro Global Growth Fund Complex ETF issued 1,231,722 units valued at $8,242,935.68. This gross issuance activity during the month used the fund’s net asset value, excluding transaction costs<\/a>, as the pricing basis, as detailed in the company’s update.<\/p>
The volume of newly created units indicates ongoing investor demand for exposure to global growth equities through the MAET ETF. This exchange-traded structure provides investors with intraday liquidity<\/a> while accessing Munro Partners’ active global growth investment strategy. The issuance significantly exceeded redemptions, suggesting a positive net flow environment during the month.<\/p>
Redemptions in June 2026 totaled 81,374 units, with a redemption value of $581,173.94, which is modest compared to the gross issuance volume. These redemptions represent units exiting the fund during the reporting period and are disclosed in compliance with ASX AQUA Rules.<\/p>
The relatively low redemption volume compared to new unit creation indicates generally favorable investor sentiment at the end of the financial year. The net redemption rate, defined as redemptions relative to total units on issue, remained low, pointing to limited selling pressure. The company did not provide specific commentary on factors influencing redemption activity.<\/p>
The net effect of June’s issuance and redemption activity was an increase of 1,150,348 units, with a net value of $7,661,761.74. This net inflow is calculated as the difference between the value of units issued and redeemed during the month, excluding transaction costs.<\/p>
At month-end on 30 June 2026, total units on issue stood at 59,699,726. This figure is a key metric for investors and market participants, reflecting the fund’s size in unit terms. While the announcement did not disclose the total fund value in dollars beyond issuance and redemption amounts, a rising unit count generally signals growth in funds under management.<\/p>
The Munro Global Growth Fund Complex ETF operates under GSFM Responsible Entity Services Limited, which holds Australian Financial Services Licence number 321517 and ABN 48 129 256 104. The fund is registered with ARSN 630 318 053. GSFM acts as the responsible entity and issuer of the monthly report.<\/p>
This responsible entity framework is standard for Australian managed investment schemes, with GSFM legally accountable for fund operations and compliance, including the disclosure of monthly unit activity reports under ASX AQUA Rules. Investors seeking further details on governance and investment strategy can access the Product Disclosure Statement on the GSFM website at www.gsfm.com.au or contact the fund administrator at 1300 133 451.<\/p>
The report was submitted in accordance with ASX AQUA Rules 10A.4.2(b), 10A.4.2(cd), and ASX Operating Rules Procedure 10A.4.1(f) and 10A.4.2. These regulations mandate regular disclosure of unit issuance, redemption, and net unit balances for complex ETFs listed on the ASX to ensure market transparency.<\/p>
The AQUA Rules apply to managed funds, ETFs, and structured products listed on the ASX that are not subject to the standard Listing Rules<\/a> for equities. By requiring monthly reporting of unit flows, these rules provide investors and market participants with insights into demand and supply<\/a> dynamics for individual ETFs. For MAET, this enables tracking of fund size and flow trends each month.<\/p>
The Munro Global Growth Fund Complex ETF provides investors with exposure to Munro Partners’ actively managed global growth strategy via an ASX-listed vehicle. The "complex ETF" designation reflects its active management approach, which goes beyond passive index tracking. Munro Partners employs a concentrated, high-conviction investment style focused on secular growth themes.<\/p>
The ETF format allows investors to trade units on the ASX during market hours, offering liquidity advantages over unlisted funds. The monthly report did not include details on portfolio holdings or performance. Investors interested in the fund’s strategy and holdings should consult the Product Disclosure Statement and Target Market Determination<\/a>, both available on the GSFM website.<\/p>
GSFM Responsible Entity Services has issued a Target Market Determination (TMD) for the Munro Global Growth Fund Complex ETF, fulfilling Australian regulatory requirements. The TMD identifies the class of investors for whom the product is appropriate and is publicly accessible at www.gsfm.com.au. This requirement stems from the Design and Distribution Obligations (DDO) regime, which mandates issuers to specify the intended investor profile.<\/p>
The announcement includes a standard disclaimer noting that the monthly update does not consider individual investors’ objectives, financial situations, or needs. It serves as informational disclosure rather than personal financial advice. Prospective investors should evaluate suitability based on their circumstances and seek independent advice if necessary.<\/p>
The June 2026 monthly units on issue report was signed by Company Secretary Bridget Grant and lodged electronically with the ASX on 2 July 2026. This timely submission complies with the monthly reporting requirements under the AQUA Rules, which require complex ETF issuers to report unit activity within a specified timeframe after month-end.<\/p>
Such filings are routine but critical for transparency in Australia’s exchange-traded product market. They form part of the public record accessible to all market participants. No additional commentary or qualitative insights accompanied this compliance report.<\/p>
With June 2026 showing a net inflow exceeding $7.66 million and total units on issue nearing 59.7 million, investors tracking MAET will be watching the July 2026 report to see if this momentum persists into the new financial year. Ongoing unit flow trends can serve as an informal gauge of investor confidence in Munro Partners’ global growth strategy.<\/p>
The immediate market impact of this disclosure was unclear, as monthly unit activity reports primarily fulfill compliance obligations rather than act as market-moving news. Nevertheless, sustained net positive inflows are generally viewed favorably for actively managed ETFs, as growing assets under management enhance the fund manager<\/a>’s ability to implement its investment approach. The forthcoming July 2026 monthly report will provide the next update on unit issuance and redemption activity for the fund.<\/p>
Redemptions of 81,374 Units Represent a Minor Portion of June Activity<\/h2>
Net Inflow of $7.66 Million Brings Total Units on Issue to Nearly 59.7 Million as of 30 June 2026<\/h2>
GSFM Responsible Entity Services Oversees Fund Under ARSN 630 318 053<\/h2>
Monthly Disclosure of Unit Creation and Redemption Required by ASX AQUA Rules<\/h2>
ETF Structure Offers Exchange-Traded Access to Munro Partners’ Active Global Growth Portfolio<\/h2>
Target Market Determination Defines Investor Suitability for MAET<\/h2>
Company Secretary Bridget Grant Filed June 2026 Compliance Report via E-Lodgement<\/h2>
Investors Will Monitor July 2026 Report for Continuation of Positive Unit Flow Trends<\/h2>
