Compare AU
Compare L1IF vs. CRED
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 L1IF and CRED. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
L1IF | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 20 |
Median incremental investment | $30,000.00 | $4,556.75 |
Median investment frequency | Daily | Fortnightly |
Median total investment | $32,147.01 | $5,873.95 |
Average age group | > 35 | > 35 |
Key Summary
L1IF | CRED | |
|---|---|---|
Strategy | 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. | CRED.AX was created on 2018-05-31 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. CRED.AX aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of senior, fixed-rate, investment grade Australian corporate bonds. |
Top 3 holdings | L1 Capital International Fund (Managed Fund) (100 %) | CONTACT ENERGY LTD 6.398% NOV-30 (2.22 %) VICINITY CENTRES TRUST 6.19% APR-34 (2.22 %) REGISTRY FINANCE PTY LTD 5.739% JUN-34 (2.16 %) |
Top 3 industries | Other (99.06 %) Communication Services (0.94 %) | |
Top 3 countries | ||
Management fee | 1.2 % | 0.25 % |
Key Summary
L1IF | CRED | |
|---|---|---|
Issuer | L1 Capital | BetaShares |
Tracking index | Solactive Australian Investment Grade Corporate Bond Select Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.2 % | 0.25 % |
Price | $6.57 | $22.99 |
Size | N/A | $1.016 billion |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 0.18 % | 4.51 % |
Market | ASX | ASX |
First listed date | 21/11/2023 | 04/06/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
L1IF | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 20 |
Median incremental investment | $30,000.00 | $4,556.75 |
Median investment frequency | Daily | Fortnightly |
Median total investment | $32,147.01 | $5,873.95 |
Average age group | > 35 | > 35 |
Pros and Cons
L1IF | CRED | |
|---|---|---|
Pros |
|
|
Cons |
|
|
L1IF | CRED |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |