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Compare MCGG vs. BNKS
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 Munro Concentrated Global Growth Active ETF (MCGG) and the Betashares Global Banks Currency Hedged ETF (BNKS). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MCGG | BNKS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 14 | 21 |
Median incremental investment | $1,515.39 | $1,107.92 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,314.77 | $3,303.72 |
Average age group | > 35 | > 35 |
Key Summary
MCGG | BNKS | |
|---|---|---|
Strategy | MCGG.AX was created on 2022-02-03 by Munro. The fund's investment portfolio concentrates primarily on total market equity. To maximise long term capital appreciation primarily through exposure to a concentrated portfolio of growth-oriented equities issued by companies located anywhere in the world, except Australia. | BNKS.AX was created on 2016-07-28 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. BNKS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars. |
Top 3 holdings | Amazon.com Inc (5.01 %) NVIDIA Corp (4.74 %) Microsoft Corp (4.26 %) | BRL - BRAZILIAN REAL (0 %) AUD - AUSTRALIA DOLLAR (0 %) CAD - CANADA DOLLAR (0 %) |
Top 3 industries | Information Technology (20.93 %) Communication Services (18.46 %) Other (17.41 %) | Other (85.27 %) Communication Services (33.49 %) Financials (11.35 %) |
Top 3 countries | United States (34.16 %) Canada (15.63 %) Japan (8.37 %) | |
Management fee | 0.7 % | 0.57 % |
Key Summary
MCGG | BNKS | |
|---|---|---|
Issuer | Munro | BetaShares |
Tracking index | Nasdaq Global ex-Australia Banks Hedged AUD Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.7 % | 0.57 % |
Price | $14.89 | $10.29 |
Size | N/A | $92.436 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 6.43 % | 2.29 % |
Market | ASX | ASX |
First listed date | 02/02/2022 | 01/08/2016 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MCGG | BNKS | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 14 | 21 |
Median incremental investment | $1,515.39 | $1,107.92 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,314.77 | $3,303.72 |
Average age group | > 35 | > 35 |
Pros and Cons
MCGG | BNKS | |
|---|---|---|
Pros |
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Cons |
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MCGG | BNKS |
|---|---|
Lower exposure to US market | Higher exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |