Magellan Flagship Fund Limited (MFF)



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General Information
Company Name: Magellan Flagship Fund Limited
Stock Code: MFF
Website: www.magellangroup.com.au/MFF
GICS Sub-Industry: Asset Management & Custody Banks
Market Cap ($M): 540
Equiv. Shares (M): 355

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 1.520 $ 1.480 $ 1.530 $ 1.480 $ 1.480 347,320 $ 0.040  2.703 %

Company Overview

Business Description:
Magellan Flagship Fund Limited (MFF) is an investment company that invests in listed international and Australian companies. MFF’s investment manager is Magellan Asset Management Limited.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A 80.8 23.3 76.5 4.3 2.0 2.0 --
2012  A 45.9 13.2 -- 5.3 1.0 1.4 26.0
2011  A 0.0 0.0 -100.0 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Magellan Flagship Fund (MFF) $526 M 0.7603 -- -- 6.3547 -- -- 0.0135 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
MFF 0.20 6.53 1.28 --
Market 1.18 13.9 0.99 0.95
Sector 1.28 16.6 1.16 1.20

Directors
Name Position Start Date
Mr Christopher John Mackay Managing Director,Portfolio Manager 29 September 2006
Mr John Charles Ballard Non-Executive Director 19 October 2006
Mr Andy John Hogendijk Non-Executive Director 19 October 2006
Mr Richard (Dick) Francis Egerton-Warburton Non-Executive Director,Non-Executive Chairman 19 October 2006

Management
Name Position
Geoffrey Stirton Company Secretary

Substantial Shareholders
Holding Name
25,792,043 (7.45%) Chris Mackay and Associates

Calendar of Events
Date Event
04 February 2015 Report (Interim)
12 September 2014 Report (Annual)
07 August 2014 Report (Annual)
07 August 2014 Report (Prelim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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