Compare AU
Compare MKAX vs. CRED
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, shares and ETFs are a popular choice. Two options in the ASX are MKAX and CRED. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 20 |
Median incremental investment | $4,990.50 | $4,556.75 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $4,558.40 | $5,873.95 |
Average age group | 26 - 35 | > 35 |
Key Summary
MKAX | CRED | |
|---|---|---|
Strategy | MKAX.AX was created on 2020-06-24 by Montaka. The fund's investment portfolio concentrates primarily on long/short alternatives. The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk. | CRED.AX was created on 2018-05-31 by BetaShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. CRED.AX aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of senior, fixed-rate, investment grade Australian corporate bonds. |
Top 3 holdings | Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %) | CONTACT ENERGY LTD 6.398% NOV-30 (2.22 %) VICINITY CENTRES TRUST 6.19% APR-34 (2.22 %) REGISTRY FINANCE PTY LTD 5.739% JUN-34 (2.16 %) |
Top 3 industries | Other (99.06 %) Communication Services (0.94 %) | |
Top 3 countries | ||
Management fee | 1.25 % | 0.25 % |
Key Summary
MKAX | CRED | |
|---|---|---|
Issuer | Montaka | BetaShares |
Tracking index | Solactive Australian Investment Grade Corporate Bond Select Index - AUD | |
Asset class | ETF | ETF |
Management fee | 1.25 % | 0.25 % |
Price | $4.54 | $22.99 |
Size | N/A | $1.016 billion |
10Y return | N/A | N/A |
Annual dividend/ distribution yield (5Y) | 4.08 % | 4.51 % |
Market | ASX | ASX |
First listed date | 23/06/2020 | 04/06/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MKAX | CRED | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 20 |
Median incremental investment | $4,990.50 | $4,556.75 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $4,558.40 | $5,873.95 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | CRED | |
|---|---|---|
Pros |
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Cons |
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MKAX | CRED |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |