Compare AU

Compare BANK vs. L1IF

Compare shares and ETFs on the ASX that you can trade on Pearler.

Global X Australian Bank Credit ETF

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, shares are a popular choice. Two options in the ASX are BANK and L1IF. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

BANK

L1IF

Popularity

Low

Low

Pearlers invested

15

1

Median incremental investment

$998.75

$30,000.00

Median investment frequency

Monthly

Daily

Median total investment

$1,004.00

$31,951.29

Average age group

> 35

> 35


Key Summary

BANK

L1IF

Strategy

BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide investors a return (before fees and expenses) that tracks the performance of the Solactive Australian Bank Credit Index, a published index, by holding a portfolio of Bonds and Hybrid Securities that may comprise all or a representation of the securities comprising the Index.

L1IF.AX was created on 2023-11-22 by L1 Capital. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to outperform the Benchmark net of fees and expenses over rolling 5 year periods.

Top 3 holdings

Global X Australian Bank Credit ETF (100 %)

L1 Capital International Fund (Managed Fund) (100 %)

Top 3 industries

Top 3 countries

Management fee

0.25 %

1.2 %


Key Summary

BANK

L1IF

Issuer

Global X

L1 Capital

Tracking index

Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross

Asset class

ETF

ETF

Management fee

0.25 %

1.2 %

Price

$10.07

$6.58

Size

$34.263 million

N/A

10Y return

N/A

N/A

Annual dividend yield (5Y)

0.32 %

0.18 %

Market

ASX

ASX

First listed date

23/07/2024

21/11/2023

Purchase fee

$6.50

$6.50


Community Stats

BANK

L1IF

Popularity

Low

Low

Pearlers invested

15

1

Median incremental investment

$998.75

$30,000.00

Median investment frequency

Monthly

Daily

Median total investment

$1,004.00

$31,951.29

Average age group

> 35

> 35


Pros and Cons

BANK

L1IF

Pros

  • Lower management fee

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower distribution yield

BANK

L1IF

Lower management fee

Higher management fee

Higher distribution yield

Lower distribution yield

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