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Compare ISEC vs. MKAX
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 iShares Enhanced Cash ETF (ISEC) and the Montaka Global Extension Fund - Complex ETF (MKAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
ISEC | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 1 |
Median incremental investment | $2,993.50 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $16,443.20 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Key Summary
ISEC | MKAX | |
|---|---|---|
Strategy | ISEC.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 366.04m in AUM and 11 holdings. The Fund aims to provide investors with performance, before fees and expenses, in excess of the performance of an index comprised of Australian bank bills. | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. |
Top 3 holdings | RBC MONEY MARKET 11AM (13.55 %) UNITED OVERSEAS BANK LTD (SYDNEY B (5.02 %) NORFINA LTD (2.81 %) | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) |
Top 3 industries | Other (99.33 %) Communication Services (0.87 %) Consumer Discretionary (0.67 %) | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) |
Top 3 countries | ||
Management fee | 0.12 % | 1.25 % |
Key Summary
ISEC | MKAX | |
|---|---|---|
Issuer | iShares | Montaka |
Tracking index | S&P/ASX Bank Bill Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.12 % | 1.25 % |
Price | $100.57 | $4.26 |
Size | $367.931 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.03 % | 4.82 % |
Market | ASX | ASX |
First listed date | 06/06/2017 | 23/06/2020 |
Purchase fee | $6.50 | $6.50 |
Community Stats
ISEC | MKAX | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 6 | 1 |
Median incremental investment | $2,993.50 | $4,990.50 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $16,443.20 | $4,558.40 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
ISEC | MKAX | |
|---|---|---|
Pros |
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Cons |
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ISEC | MKAX |
|---|---|
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |