Back
Compare AU
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, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the VanEck China New Economy ETF (CNEW) and the Milford Australian Absolute Growth Complex ETF (MFOA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
CNEW | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 58 | 1 |
Median incremental investment | $802.71 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,171.79 | $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 | 37 Interactive Entertainment Network Technology Group Co Ltd Class A (1.04 %) Intsig Information Co Ltd Ordinary Shares - Class A (1.00 %) Shennan Circuits Co Ltd Class A (0.98 %) | BHP Group Ltd (4.15 %) Westpac Banking Corp (3.32 %) CSL Ltd (3.25 %) |
Top 3 industries | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
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 | $8.18 | $11.36 |
Size | $85.733 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 1.45 % | 2.09 % |
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 | 58 | 1 |
Median incremental investment | $802.71 | $693.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,171.79 | $1,374.66 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
CNEW | MFOA | |
|---|---|---|
Pros |
| |
Cons |
|
CNEW | MFOA |
|---|---|
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |