Magellan High Conviction Trust priority offer

What are your thoughts on the priority offer and launch of the Magellan High Conviction Trust?

A: The priority offer is very attractive. Of course, the starting point is to make sure that this is an investment that is suitable for your portfolio and consistent with your objectives/needs/risk appetite/asset allocation. Notwithstanding Magellan’s fantastic track record, as a high conviction fund investing in just 8 to 12 global companies, it is concentrated and high risk.

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