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Compare MHHT vs. PAXX

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

Magellan High Conviction Trust (Managed Fund)

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 Magellan High Conviction Trust (Managed Fund) (MHHT) and the Platinum Asia Fund (Quoted Managed Hedge Fund) (PAXX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

MHHT

PAXX

Popularity

Low

Low

Pearlers invested

8

2

Median incremental investment

$1,742.00

$1,783.07

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,889.26

$6,474.78

Average age group

> 35

26 - 35


Key Summary

MHHT

PAXX

Strategy

MHHT.AX was created on 2019-10-11 by Magellan. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Trust is to achieve attractive risk-adjusted returns over the medium to long-term.

PAXX.AX was created on 2017-08-17 by Platinum. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund aims to provide capital growth over the long-term by providing exposure to undervalued listed investments in the Asian region excluding Japan.

Top 3 holdings

Amazon.com Inc (9.10 %)

Microsoft Corp (8.58 %)

ASML Holding NV (7.16 %)

Taiwan Semiconductor Manufacturing Co Ltd (9.40 %)

Samsung Electronics Co Ltd (6.67 %)

SK Hynix Inc (6.17 %)

Top 3 industries

Information Technology (32.18 %)

Consumer Discretionary (21.16 %)

Financials (20.12 %)

Information Technology (45.98 %)

Other (31.27 %)

Communication Services (9.03 %)

Top 3 countries

United States (72.59 %)

Netherlands (7.23 %)

Canada (6.98 %)

Management fee

1.5 %

1.26 %


Key Summary

MHHT

PAXX

Issuer

Magellan

Platinum

Tracking index

Asset class

ETF

ETF

Management fee

1.5 %

1.26 %

Price

$2.03

$4.68

Size

N/A

N/A

10Y return

N/A

N/A

Annual distribution yield (5Y)

1.94 %

5.11 %

Market

ASX

ASX

First listed date

30/08/2021

14/09/2017

Purchase fee

$6.50

$6.50


Community Stats

MHHT

PAXX

Popularity

Low

Low

Pearlers invested

8

2

Median incremental investment

$1,742.00

$1,783.07

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,889.26

$6,474.78

Average age group

> 35

26 - 35


Pros and Cons

MHHT

PAXX

Pros

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

  • Lower exposure to US market

MHHT

PAXX

Higher exposure to US market

Lower exposure to US market

Higher management fee

Lower management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield

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