Margaret Cullen

Individual
Mandates
Cullen Global Equity Advisory (Advisory) · Cullen Approved Retirement Fund (Advisory)
Total value
€1,943,700
Risk
Balanced
Manager
Charlie Murtagh
Next review
21 Aug 2026
Last contact
10 days ago

Sensitive — handle with care. Margaret's husband Michael died in 2023 after a long illness and she still finds valuation calls difficult around the anniversary in early November. Her daughter Claire has an interest in the estate and has rung the office twice; Margaret has NOT authorised us to discuss her affairs with Claire. Margaret is also managing an early-stage memory diagnosis and has asked that all advice be confirmed in writing so she can re-read it. Never take a trading instruction from her by phone alone.

Pinned by Charlie Murtagh · 10 Jan 2026

Net new money, year to date
-€31.3K
Revenue, year to date
€15.1K
Annual run-rate
€11.7K
Blended fee
0.60%
Revenue rank in the book
2 of 14

Holdings by asset class

Read-only — fed nightly from the back office
SecurityISINQuantityPriceMarket value% of portfolioUnrealised G/L
Global Equity€787,24842.2%
iShares Core MSCI World UCITS ETFIE00B4L5Y9834,120€98.42€405,49021.8%+€112,352
iShares Core MSCI World UCITS ETFIE00B4L5Y9832,180€98.42€214,55611.5%+€42,554
Vanguard FTSE All-World UCITS ETFIE00BK5BQT801,260€132.70€167,2029.0%+€39,564
Equity — Technology€609,24132.7%
Microsoft CorporationUS5949181045620€402.18€249,35213.4%+€116,300
Apple Inc.US0378331005940€221.05€207,78711.2%+€83,331
NVIDIA CorporationUS67066G10401,180€128.90€152,1028.2%+€103,486
Sovereign Bond€112,8006.1%
Irish Government Bond 1.35% 2031IE00BJ38CR43120,000€0.94€112,8006.1%€7,200
Fixed Income€108,8645.8%
iShares Core Global Aggregate Bond UCITS ETFIE00B3F8140922,400€4.86€108,8645.8%€5,824
Multi-Asset€97,1105.2%
Zurich Prisma 4 FundIE00B4WLPB5841,500€2.34€97,1105.2%+€14,940
Equity — Consumer€90,7204.9%
Kerry Group plcIE00049065601,050€86.40€90,7204.9%€8,820
Equity — Financials€57,5283.1%
AIB Group plcIE00BF0L35369,400€6.12€57,5283.1%+€20,116

Cash balance

€80,200

Settled

€70,576

Unsettled

€9,624

Across 2 mandates.

Valuation, last twelve months

Asset allocation

  • Global Equity42.2%
  • Equity — Technology32.7%
  • Sovereign Bond6.1%
  • Fixed Income5.8%
  • Multi-Asset5.2%
  • Equity — Consumer4.9%
  • Equity — Financials3.1%

Key facts

  • Widowed 2023; daughter Claire is not authorised on the file
  • Early-stage memory diagnosis — confirm all advice in writing
  • Monthly ARF drawdown of €3,000

Advisor team

  • Charlie Murtagh· Portfolio managerEmail

Client details

Email
margaret.cullen@eircom.net
Phone
+353 87 214 6608
Eircode
A94 X2K7
Client since
2014
Objectives
Preserve real capital value while drawing a predictable income from the ARF; fund two grandchildren's education from 2029.
Time horizon
10 years+
Income requirement
€36,000 per annum, paid monthly from the ARF
Restrictions
  • No single stock above 8% of the advisory portfolio
  • No unquoted or illiquid holdings

Consents

Marketing: given
Call recording notice: given
Portal access: given