Compare AU
Compare MICH vs. ISEC
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 Infrastructure Fund (Currency Hedged)(Managed Fund) (MICH) and the iShares Enhanced Cash ETF (ISEC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MICH | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 3 |
Median incremental investment | $1,068.57 | $1,096.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,476.30 | $1,209.12 |
Average age group | > 35 | 26 - 35 |
Key Summary
MICH | ISEC | |
|---|---|---|
Strategy | MICH.AX was created on 2016-07-19 by Magellan. The fund's investment portfolio concentrates primarily on theme equity. To achieve attractive risk adjusted returns over the medium to long-term, While reducing the risk of permanent capital loss | ISEC.AX was created on 2017-06-02 by iShares. The fund's investment portfolio concentrates primarily on broad credit fixed income. The Fund aims to provide investors with performance, before fees and expenses, in excess of the performance of an index comprised of Australian bank bills. |
Top 3 holdings | Aena SME SA (6.97 %) Ferrovial SE (6.23 %) Vinci SA (5.87 %) | RBC MONEY MARKET 11AM (11.99 %) UNITED OVERSEAS BANK LTD (SYDNEY B (7.66 %) OVERSEA-CHINESE BANKING CORPORATIO (5.81 %) |
Top 3 industries | Industrials (46.99 %) Utilities (45.11 %) Other (7.90 %) | Other (99.33 %) Communication Services (0.87 %) Consumer Discretionary (0.67 %) |
Top 3 countries | United States (38.21 %) Spain (15.62 %) United Kingdom of Great Britain and Northern Ireland (14.04 %) | |
Management fee | 1.05 % | 0.12 % |
Key Summary
MICH | ISEC | |
|---|---|---|
Issuer | Magellan | iShares |
Tracking index | S&P Global Infrastructure Hedged to USD Index | S&P/ASX Bank Bill Index - AUD |
Asset class | ETF | ETF |
Management fee | 1.05 % | 0.12 % |
Price | $2.85 | $100.76 |
Size | N/A | $257.538 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 4.12 % | 2.05 % |
Market | ASX | ASX |
First listed date | 22/07/2016 | 06/06/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MICH | ISEC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 13 | 3 |
Median incremental investment | $1,068.57 | $1,096.75 |
Median investment frequency | Monthly | Monthly |
Median total investment | $1,476.30 | $1,209.12 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
MICH | ISEC | |
|---|---|---|
Pros |
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Cons |
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MICH | ISEC |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Higher management fee | Lower management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |