Compare AU
Compare MHG vs. EIGA
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 Equities Fund Currency Hedged (Managed Fund) (MHG) and the Perennial Income Generator Fund (Managed Fund) (EIGA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MHG | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 62 |
Median incremental investment | $1,494.46 | $599.39 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $3,750.12 | $1,486.08 |
Average age group | > 35 | > 35 |
Key Summary
MHG | EIGA | |
|---|---|---|
Strategy | MHG.AX was created on 2015-08-04 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. To achieve attractive risk-adjusted investment returns over the medium to long-term, While reducing the risk of permanent capital loss. | EIGA.AX was created on 2018-05-07 by Perennial. The fund's investment portfolio concentrates primarily on total market equity. The objective of the Fund is to provide investors with an attractive level of tax effective income, paid via monthly distributions. The Fund aims to provide a gross yield, adjusted for applicable franking credits, above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt). |
Top 3 holdings | Amazon.com Inc (6.77 %) Microsoft Corp (5.74 %) SAP SE (4.59 %) | BHP Group Ltd (13.12 %) Commonwealth Bank of Australia (6.19 %) CSL Ltd (6.01 %) |
Top 3 industries | Information Technology (46.20 %) Communication Services (17.17 %) Consumer Staples (15.67 %) | Materials (36.73 %) Financials (26.98 %) Health Care (10.75 %) |
Top 3 countries | United States (77.86 %) Germany (4.93 %) Netherlands (4.50 %) | Australia (97.92 %) United States (2.08 %) |
Management fee | 1.35 % | 0.8 % |
Key Summary
MHG | EIGA | |
|---|---|---|
Issuer | Magellan | Perennial |
Tracking index | MSCI World Index - Hedged to AUD | S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index - AUD - Benchmark TR Net |
Asset class | ETF | ETF |
Management fee | 1.35 % | 0.8 % |
Price | $3.96 | $3.84 |
Size | N/A | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 4.01 % | 6.44 % |
Market | ASX | ASX |
First listed date | 10/08/2015 | 07/05/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MHG | EIGA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 5 | 62 |
Median incremental investment | $1,494.46 | $599.39 |
Median investment frequency | Fortnightly | Monthly |
Median total investment | $3,750.12 | $1,486.08 |
Average age group | > 35 | > 35 |
Pros and Cons
MHG | EIGA | |
|---|---|---|
Pros |
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Cons |
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MHG | EIGA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |