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Compare MGOC vs. BANK
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 Magellan Global Fund -Open Class Units -Active ETF (MGOC) and the Global X Australian Bank Credit ETF (BANK). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MGOC | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 43 | 12 |
Median incremental investment | $995.89 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,208.00 | $2,295.78 |
Average age group | > 35 | > 35 |
Key Summary
MGOC | BANK | |
|---|---|---|
Strategy | MGOC.AX was created on 2007-07-01 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term while reducing the risk of permanent capital loss. The Fund aims to deliver 9% p.a. net of fees over the economic cycle. | BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide investors a return (before fees and expenses) that tracks the performance of the Solactive Australian Bank Credit Index, a published index, by holding a portfolio of Bonds and Hybrid Securities that may comprise all or a representation of the securities comprising the Index. |
Top 3 holdings | Amazon.com Inc (8.10 %) Microsoft Corp (7.53 %) Taiwan Semiconductor Manufacturing Co Ltd ADR (5.35 %) | National Australia Bank Ltd Hybrid Security (2.61 %) |
Top 3 industries | Consumer Discretionary (24.19 %) Other (18.92 %) Communication Services (17.48 %) | |
Top 3 countries | ||
Management fee | 1.35 % | 0.25 % |
Key Summary
MGOC | BANK | |
|---|---|---|
Issuer | Magellan | Global X |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 1.35 % | 0.25 % |
Price | $2.76 | $9.96 |
Size | $7.047 billion | $182.732 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 5.76 % | 3.48 % |
Market | ASX | ASX |
First listed date | 29/11/2020 | 23/07/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MGOC | BANK | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 43 | 12 |
Median incremental investment | $995.89 | $997.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,208.00 | $2,295.78 |
Average age group | > 35 | > 35 |
Pros and Cons
MGOC | BANK | |
|---|---|---|
Pros |
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Cons |
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MGOC | BANK |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |