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Compare LEND vs. MFOA

Compare shares and ETFs on the ASX that you can trade on Pearler.

VanEck Glbl Listed Private Credit (Aud Hedged) ETF

ASX

Buy

Buy

Overview
Performance

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 Glbl Listed Private Credit (Aud Hedged) ETF (LEND) 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

LEND

MFOA

Popularity

Low

Low

Pearlers invested

26

1

Median incremental investment

$1,233.00

$693.50

Median investment frequency

Monthly

Fortnightly

Median total investment

$4,956.93

$1,374.66

Average age group

> 35

26 - 35

Key Summary

LEND

MFOA

Strategy

LEND.AX was created on 2024-01-31 by VanEck. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars. The Fund does not necessarily aim to perfectly replicate the Reference Index on a one-to-one basis.

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

Main Street Capital Corp (8.20 %)

Hercules Capital Inc (8.07 %)

Golub Capital BDC Inc (7.97 %)

CSL Ltd (5.75 %)

Santos Ltd (3.07 %)

ResMed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh (2.42 %)

Top 3 industries

Other (70.40 %)

Materials (13.15 %)

Health Care (11.52 %)

Top 3 countries

Management fee

0.65 %

0 %

Key Summary

LEND

MFOA

Issuer

VanEck

Milford

Tracking index

RBA Cash Rate - AUD - Benchmark TR Gross

Asset class

ETF

ETF

Management fee

0.65 %

0 %

Price

$16.88

$11.36

Size

$241.649 million

N/A

10Y return

N/A

N/A

Annual distribution yield (5Y)

6.52 %

2.28 %

Market

ASX

ASX

First listed date

01/02/2024

15/01/2023

Purchase fee

$6.50

$6.50

Community Stats

LEND

MFOA

Popularity

Low

Low

Pearlers invested

26

1

Median incremental investment

$1,233.00

$693.50

Median investment frequency

Monthly

Fortnightly

Median total investment

$4,956.93

$1,374.66

Average age group

> 35

26 - 35

Pros and Cons

LEND

MFOA

Pros

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower distribution yield

LEND

MFOA

Higher management fee

Lower management fee

Higher distribution yield

Lower distribution yield