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Compare MKAX vs. IHCB

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

Community Stats

MKAX

IHCB

Popularity

Low

Low

Pearlers invested

1

4

Median incremental investment

$4,990.50

$2,790.50

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$4,558.40

$4,128.71

Average age group

26 - 35

26 - 35


Key Summary

MKAX

IHCB

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.

IHCB.AX was created on 2015-12-04 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide investors with the performance of an index, before fees and expenses (including the cost of hedging). The index is designed to measure the AUD hedged performance of the global investment grade corporate fixedrate debt market.

Top 3 holdings

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

ISH GLBL CRP BND ETF USD DIST (102.42 %)

USD CASH (0.09 %)

AUD CASH (0.02 %)

Top 3 industries

Other (82.47 %)

Communication Services (0.00 %)

Top 3 countries

Management fee

1.25 %

0.27 %


Key Summary

MKAX

IHCB

Issuer

Montaka

iShares

Tracking index

Bloomberg Barclays Global Aggregate Corporate Hedged to AUD Index - AUD

Asset class

ETF

ETF

Management fee

1.25 %

0.27 %

Price

$4.55

$92.52

Size

N/A

$312.745 million

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

4.08 %

3.35 %

Market

ASX

ASX

First listed date

23/06/2020

09/12/2015

Purchase fee

$6.50

$6.50


Community Stats

MKAX

IHCB

Popularity

Low

Low

Pearlers invested

1

4

Median incremental investment

$4,990.50

$2,790.50

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$4,558.40

$4,128.71

Average age group

26 - 35

26 - 35


Pros and Cons

MKAX

IHCB

Pros

  • Higher price growth

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

MKAX

IHCB

Higher management fee

Lower management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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