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Compare MCGG vs. CNEW
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 VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MCGG | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 19 | 63 |
Median incremental investment | $1,528.89 | $802.72 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,710.25 | $1,822.84 |
Average age group | > 35 | > 35 |
Key Summary
MCGG | CNEW | |
|---|---|---|
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. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | NVIDIA Corp (7.03 %) Amazon.com Inc (5.01 %) Taiwan Semiconductor Manufacturing Co Ltd (4.39 %) | Beijing Caishikou Department Store Co Ltd Class A (1.38 %) Shenzhen S.C New Energy Technology Corp Class A (1.23 %) Zhejiang Lante Optics Co Ltd Class A (1.18 %) |
Top 3 industries | Information Technology (47.83 %) Consumer Discretionary (11.60 %) Communication Services (11.01 %) | Information Technology (33.78 %) Health Care (27.01 %) Consumer Discretionary (20.43 %) |
Top 3 countries | United States (77.79 %) China (5.32 %) Taiwan (4.63 %) | China (100.00 %) |
Management fee | 0.7 % | 0.95 % |
Key Summary
MCGG | CNEW | |
|---|---|---|
Issuer | Munro | VanEck |
Tracking index | CSI MarketGrader China New Economy Index - CNY | |
Asset class | ETF | ETF |
Management fee | 0.7 % | 0.95 % |
Price | $14.55 | $7.96 |
Size | N/A | $85.448 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 6.43 % | 1.45 % |
Market | ASX | ASX |
First listed date | 02/02/2022 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MCGG | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 19 | 63 |
Median incremental investment | $1,528.89 | $802.72 |
Median investment frequency | Monthly | Monthly |
Median total investment | $3,710.25 | $1,822.84 |
Average age group | > 35 | > 35 |
Pros and Cons
MCGG | CNEW | |
|---|---|---|
Pros |
| |
Cons |
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MCGG | CNEW |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |