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Compare MFOA vs. IBAL
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 Milford Australian Absolute Growth Complex ETF (MFOA) and the iShares Balanced Esg ETF (IBAL). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MFOA | IBAL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 3 |
Median incremental investment | $693.50 | $40,022.50 |
Median investment frequency | Fortnightly | Weekly |
Median total investment | $1,374.66 | $9,974.48 |
Average age group | 26 - 35 | > 35 |
Key Summary
MFOA | IBAL | |
|---|---|---|
Strategy | 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). | IBAL.AX was created on 2022-08-15 by iShares. The fund's investment portfolio concentrates primarily on target outcome asset allocation. The Fund aims to provide investors with the performance of the various indices of the Underlying Funds in which the Fund invests, in proportion to a Balanced long term Strategic Asset Allocation . |
Top 3 holdings | BHP Group Ltd (4.15 %) Westpac Banking Corp (3.32 %) CSL Ltd (3.25 %) | iShares Core MSCI Wld Ex Aus ESG ETF (22.71 %) iShares Treasury ETF (16.79 %) iShares Core MSCI Australia ESG ETF (16.29 %) |
Top 3 industries | Other (70.40 %) Materials (13.15 %) Health Care (11.52 %) | Other (99.97 %) Communication Services (0.03 %) |
Top 3 countries | Australia (83.13 %) United States (9.91 %) New Zealand (4.73 %) | United States (49.94 %) Australia (32.25 %) Japan (4.21 %) |
Management fee | 0 % | 0.22 % |
Key Summary
MFOA | IBAL | |
|---|---|---|
Issuer | Milford | iShares |
Tracking index | RBA Cash Rate - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0 % | 0.22 % |
Price | $11.50 | $30.41 |
Size | N/A | $23.546 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.09 % | 2.61 % |
Market | ASX | ASX |
First listed date | 15/01/2023 | 16/08/2022 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MFOA | IBAL | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 3 |
Median incremental investment | $693.50 | $40,022.50 |
Median investment frequency | Fortnightly | Weekly |
Median total investment | $1,374.66 | $9,974.48 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MFOA | IBAL | |
|---|---|---|
Pros |
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Cons |
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MFOA | IBAL |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |