Compare AU

Compare MKAX vs. GEAR

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

Montaka Global Extension Fund (Quoted Managed Hedge Fund)

ASX

Buy

Buy

Overview
Performance

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 GEAR. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

MKAX

GEAR

Popularity

Low

Low

Pearlers invested

1

190

Median incremental investment

$4,990.50

$1,000.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,354.66

Average age group

26 - 35

26 - 35


Key Summary

MKAX

GEAR

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.

GEAR.AX was created on 2014-04-30 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 430.08m in AUM and 201 holdings. The Fund aims to provide investors with geared exposure to a diversified portfolio of Australian shares as simply as buying any share on the ASX. As the fund is internally geared, investors do not need to take out margin loans and do not have the possibility of margin calls in relation to their investment in the Fund.

Top 3 holdings

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (100 %)

COMMONWEALTH BANK OF AUSTRALIA (19.29 %)

BHP GROUP LTD (19.01 %)

CSL LTD (12.95 %)

Top 3 industries

Other (35.58 %)

Financials (20.56 %)

Materials (12.96 %)

Top 3 countries

Australia (94.91 %)

United States (3.06 %)

New Zealand (1.56 %)

Management fee

1.25 %

0.8 %


Key Summary

MKAX

GEAR

Issuer

Montaka

BetaShares

Tracking index

Asset class

ETF

ETF

Management fee

1.25 %

0.8 %

Price

$4.55

$34.11

Size

N/A

$459.370 million

10Y return

N/A

77.19 %

Annual dividend/ distribution yield (5Y)

4.08 %

9.20 %

Market

ASX

ASX

First listed date

23/06/2020

02/05/2014

Purchase fee

$6.50

$6.50


Community Stats

MKAX

GEAR

Popularity

Low

Low

Pearlers invested

1

190

Median incremental investment

$4,990.50

$1,000.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,354.66

Average age group

26 - 35

26 - 35


Pros and Cons

MKAX

GEAR

Pros

  • Higher exposure to AU market

  • Higher exposure to US market

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to AU market

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

MKAX

GEAR

Lower exposure to AU market

Higher exposure to AU market

Lower exposure to US market

Higher 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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