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Compare CNEW vs. MFOA
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are CNEW and MFOA. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
CNEW | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 57 | 1 |
Median incremental investment | $753.79 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,512.30 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Key Summary
CNEW | MFOA | |
|---|---|---|
Strategy | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. | MFOA.AX was created on 2023-01-16 by Milford. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees). |
Top 3 holdings | Guangzhou Ruoyuchen Technology Co Ltd Class A (1.29 %) Zhejiang Taotao Vehicles Co Ltd Ordinary Shares - Class A (1.13 %) Victory Giant Technology (HuiZhou)Co Ltd Class A (1.10 %) | Milford Australian Absolute Growth Complex ETF (100 %) |
Top 3 industries | Information Technology (37.61 %) Other (19.07 %) Consumer Discretionary (12.64 %) | Other (62.89 %) Materials (15.98 %) Health Care (9.71 %) |
Top 3 countries | China (100.00 %) | |
Management fee | 0.95 % | 0 % |
Key Summary
CNEW | MFOA | |
|---|---|---|
Issuer | VanEck | Milford |
Tracking index | CSI MarketGrader China New Economy Index - CNY | RBA Cash Rate - AUD - Benchmark TR Gross |
Asset class | ETF | ETF |
Management fee | 0.95 % | 0 % |
Price | $7.10 | $11.00 |
Size | $92.188 million | N/A |
10Y return | N/A | N/A |
Annual distribution/ dividend yield (5Y) | 1.44 % | 2.28 % |
Market | ASX | ASX |
First listed date | 09/11/2018 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
CNEW | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 57 | 1 |
Median incremental investment | $753.79 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $1,512.30 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
CNEW | MFOA | |
|---|---|---|
Pros |
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Cons |
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CNEW | MFOA |
|---|---|
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |