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Compare IMLC vs. MICH
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 IML Concentrated Aus Share Fund - Active ETF (IMLC) and the Magellan Infra Fund (Currency Hedged) - Active ETF (MICH). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
IMLC | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 12 |
Median incremental investment | $997.50 | $1,143.63 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,182.32 | $1,457.05 |
Average age group | 26 - 35 | > 35 |
Key Summary
IMLC | MICH | |
|---|---|---|
Strategy | IMLC.AX was created on 2023-08-01 by IML. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to outperform the S&P/ASX 300 Accumulation Index (after fees and expenses and before taxes) on a rolling four-year basis. | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss |
Top 3 holdings | CSL Ltd (10.36 %) The Lottery Corp Ltd (8.48 %) Brambles Ltd (8.40 %) | Aena SME SA (6.46 %) Severn Trent PLC (5.77 %) Ferrovial SE (5.40 %) |
Top 3 industries | Utilities (46.48 %) Industrials (29.85 %) Other (13.74 %) | |
Top 3 countries | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) | |
Management fee | 0.993 % | 1.05 % |
Key Summary
IMLC | MICH | |
|---|---|---|
Issuer | IML | Magellan |
Tracking index | S&P Global Infrastructure Hedged to USD Index | |
Asset class | ETF | ETF |
Management fee | 0.993 % | 1.05 % |
Price | $4.33 | $3.22 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.35 % | 4.14 % |
Market | ASX | ASX |
First listed date | 31/07/2023 | 22/07/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
IMLC | MICH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 12 |
Median incremental investment | $997.50 | $1,143.63 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $2,182.32 | $1,457.05 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
IMLC | MICH | |
|---|---|---|
Pros |
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Cons |
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IMLC | MICH |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |