Aug 9 (Reuters) - Magellan Financial Group Ltd MFG.AX
* intends to undertake an initial public offering for ordinary units in a new asx-listed investment trust, magellan global trust
* will pay all costs of offer in cash so that opening cash net asset value per unit is equal to application price of $1.50 per unit
* Offer will comprise a priority offer and a broker firm/general public offer