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Compare L1IF 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 L1 Capital International (Unhedged) Active ETF (L1IF) 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
L1IF | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 1 |
Median incremental investment | $10,065.14 | $693.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $17,556.29 | $1,374.66 |
Average age group | 26 - 35 | 26 - 35 |
Key Summary
L1IF | MFOA | |
|---|---|---|
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. | 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 | HCA Healthcare Inc (8.48 %) AerCap Holdings NV (8.30 %) Microsoft Corp (7.47 %) | CSL Ltd (5.45 %) BHP Group Ltd (4.07 %) ANZ Group Holdings Ltd (3.00 %) |
Top 3 industries | Financials (33.97 %) Consumer Discretionary (19.83 %) Health Care (13.03 %) | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) |
Top 3 countries | ||
Management fee | 1.2 % | 0 % |
Key Summary
L1IF | MFOA | |
|---|---|---|
Issuer | L1 Capital | Milford |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 1.2 % | 0 % |
Price | $6.87 | $11.26 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.46 % | 2.28 % |
Market | ASX | ASX |
First listed date | 21/11/2023 | 15/01/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
L1IF | MFOA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 2 | 1 |
Median incremental investment | $10,065.14 | $693.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $17,556.29 | $1,374.66 |
Average age group | 26 - 35 | 26 - 35 |
Pros and Cons
L1IF | MFOA | |
|---|---|---|
Pros |
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Cons |
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L1IF | MFOA |
|---|---|
Higher management fee | Lower management fee |
Higher distribution yield | Lower distribution yield |