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Magellan ETFs

3 ETFs. Management fee a year · ranked among funds on the same index.

Australian shares · 1

  • AASF · Airlie Australian Share Fund - Active ETF

    $792m invested · Actively managed

    0.78%a year
    Cost a year on $10,000
    $100.69
    Fee on $10,000
    $78.00
    Half the spread on $10,000 bought
    $22.69
    Management fee
    0.78% a year
    Average spread
    0.454%
    ASX code
    AASF
    Invests in
    Australian shares · Other approaches
    How it invests
    Actively managed
    Currency
    Not hedged
    Fund size
    $792m

    The cost is $10,000 invested at the start of a year: the management fee on it, plus half the average bid/ask spread on buying it. Brokerage is the broker’s and isn’t counted.

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Global shares · 1

  • OPPT · Magellan Global Opportunities Fund - Active ETF

    $297m invested · Actively managed

    0.75%a year
    Cost a year on $10,000
    $96.92
    Fee on $10,000
    $75.00
    Half the spread on $10,000 bought
    $21.92
    Management fee
    0.75% a year
    Average spread
    0.438%
    ASX code
    OPPT
    Invests in
    Global shares · Other approaches
    How it invests
    Actively managed
    Currency
    Not hedged
    Fund size
    $297m
    Fee changes
    1.50% → 0.75%, October 2025

    The cost is $10,000 invested at the start of a year: the management fee on it, plus half the average bid/ask spread on buying it. Brokerage is the broker’s and isn’t counted.

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Property and infrastructure · 1

  • MICH · Magellan Infra Fund (Currency Hedged) - Active ETF

    $426m invested · Actively managed · Hedged

    1.05%a year
    Cost a year on $10,000
    $124.73
    Fee on $10,000
    $105.00
    Half the spread on $10,000 bought
    $19.73
    Management fee
    1.05% a year
    Average spread
    0.395%
    ASX code
    MICH
    Invests in
    Property and infrastructure · Infrastructure
    How it invests
    Actively managed
    Currency
    Hedged to the Australian dollar
    Fund size
    $426m
    Fee changes
    1.05% → 1.06%, March 2021 · 1.06% → 1.05%, December 2025

    The cost is $10,000 invested at the start of a year: the management fee on it, plus half the average bid/ask spread on buying it. Brokerage is the broker’s and isn’t counted.

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Compare all 471 ETFs

  1. MICHfee 1.06% → 1.05% a yearIn the ASX report for December 2025
    −0.01
  2. OPPTfee 1.50% → 0.75% a yearIn the ASX report for October 2025
    −0.75
  3. MICHfee 1.05% → 1.06% a yearIn the ASX report for March 2021
    +0.01

Tracked since 31 July 2020. Our own corrections of a misread figure aren't shown.

Every figure is from the ASX Investment Products report for September 2026. Compare ETFs · ETF report

Notes on Magellan ETFs

to leave a note.

In the ASX Investment Products report for September 2026, Magellan lists three ETFs tracked by BankMate, holding $1.52bn between them. The largest is AASF (Airlie Australian Share Fund - Active ETF) with $792m invested, 98th of 471 ETFs on the ASX by size. Its lowest management fee is 0.75% a year, on OPPT. 3 fee changes are on record since 2020. From the ASX Investment Products monthly report.