Magallanes European Equity M FI ES0159259011

Magallanes European Equity M FI is an investment fund managed by Magallanes, classified by Morningstar as Europe Flex-Cap Equity and domiciled in Spain. It was launched on 9 January 2015 and manages 1.49bn GBP. Its ongoing charge is 1.81% a year. It accumulates its income (no dividends paid out).

It belongs to the European family. This covers products focused on European companies, all of Europe, the eurozone alone, or a specific index such as the EURO STOXX. It's the closest exposure for anyone who earns and invests in euros.

It's worth checking whether the product covers Europe or only the eurozone: they aren't the same. The first includes the UK and Switzerland, with their own currencies; the second stays inside the euro and spares you the exchange-rate effect.

These are the other products of the same family in the catalogue. Not all of them track exactly the same index: compare the full name, the TER, the currency, whether they accumulate or distribute and where they are listed.

Product	ISIN / Ticker	Type	Market	Currency	Dividends	Ongoing charge (TER)
Vanguard FTSE Developed Europe UCITS ETF (Dist)	VEUR.AS	ETF	Euronext Amsterdam	EUR	Distributing	0.10%
Amundi Core Stoxx Europe 600 UCITS ETF (Acc)	MEUD.PA	ETF	Euronext Paris	EUR	Accumulating	0.07%
iShares Core EURO STOXX 50 UCITS ETF EUR (Acc)	SXRT.DE	ETF	Xetra	EUR	Accumulating	0.10%
iShares STOXX Europe 600 UCITS ETF (DE) (Dist)	EXSA.DE	ETF	Xetra	EUR	Distributing	0.20%
iShares Core MSCI Europe UCITS ETF EUR (Acc)	IMAE.AS	ETF	Euronext Amsterdam	EUR	Accumulating	0.12%
iShares Core MSCI Europe UCITS ETF (Acc)	IMEU.L	ETF	Euronext Amsterdam	EUR	Accumulating	0.12%
iShares STOXX Europe 600 UCITS ETF (Dist)	SXR7.DE	ETF	Xetra	EUR	Distributing	0.20%
iShares MSCI Europe SRI UCITS ETF (Acc)	IESE.L	ETF	Euronext Amsterdam	EUR	Accumulating	0.20%
Vanguard European Stock Index Fund Investor EUR Acc	IE0007987690	Index fund	Fund (not listed)	EUR	Accumulating	0.12%
Amundi Index MSCI Europe AE-C	LU0389811885	Index fund	Fund (not listed)	EUR	Accumulating	0.30%
Fidelity MSCI Europe Index Fund P-ACC-EUR	IE00BYX5MD61	Index fund	Fund (not listed)	EUR	Accumulating	0.10%
iShares Europe Index Fund (IE) D Acc EUR	IE00BDRK7L36	Index fund	Fund (not listed)	EUR	Accumulating	0.10%
iShares Europe ex-UK Index Fund (IE) D Acc EUR	IE00BD0NCR01	Index fund	Fund (not listed)	EUR	Accumulating	0.10%
ING Direct Fondo Naranja Euro Stoxx 50 FI	ES0152771038	Index fund	Fund (not listed)	EUR	Accumulating	1.10%
Pictet-Europe Index P EUR	LU0130731390	Index fund	Fund (not listed)	EUR	Accumulating	0.45%
CaixaBank Bolsa Índice Euro FI Clase Estándar	ES0138792033	Index fund	Fund (not listed)	EUR	Accumulating	1.06%
Bindex Europa Índice FI	ES0114564000	Index fund	Fund (not listed)	EUR	Accumulating	0.11%
Vanguard European Stock Index Fund Institutional Plus EUR Acc	IE00BFPM9L96	Index fund	Fund (not listed)	EUR	Accumulating	0.08%
Vanguard European Stock Index Fund EUR Acc	IE0007987708	Index fund	Fund (not listed)	EUR	Accumulating	0.12%
Magallanes European Equity E FI	ES0159259003	Actively managed fund	Fund (not listed)	EUR	Accumulating	0.56%

Europe funds and ETFs

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

What ongoing charge (TER) does Magallanes European Equity M FI have?

According to the Financial Times, 1.81% a year. It is what the product deducts from its own value for running it; you don't pay it separately and it is already reflected in the price you see in Neto.

Does Magallanes European Equity M FI accumulate or distribute dividends?

It accumulates: dividends received are reinvested inside the product instead of being paid out. In Neto you see that as a price increase, not as income.

How is Magallanes European Equity M FI identified?

By its ISIN, ES0159259011. Funds are not exchange-listed: they have a daily net asset value published by the manager. In Neto you add it by that ISIN and the price updates on its own.

Can I track Magallanes European Equity M FI in Neto?

Yes. Add it by its ISIN, enter your units and average price, and the app keeps the value up to date and adds it to your net worth, next to your accounts, savings and debts. No broker connection.