Home
Products
Learn
About
Pricing
Log In

What are you looking for?

Home
Pricing
Back
Compare AU

Compare MCGG vs. BNKS

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

Munro Concentrated Global Growth Active 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 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

13

19

Median incremental investment

$1,003.82

$1,107.92

Median investment frequency

Monthly

Monthly

Median total investment

$3,933.12

$3,068.66

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

Other (86.28 %)

Communication Services (33.49 %)

Financials (10.36 %)

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

$16.38

$9.51

Size

N/A

$89.485 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

1.62 %

2.35 %

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

13

19

Median incremental investment

$1,003.82

$1,107.92

Median investment frequency

Monthly

Monthly

Median total investment

$3,933.12

$3,068.66

Average age group

> 35

> 35

Pros and Cons

MCGG

BNKS

Pros

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

MCGG

BNKS

Lower exposure to US market

Higher exposure to US market

Higher management fee

Lower management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield