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Compare MKAX vs. IHCB
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 Montaka Global Extension Fund - Complex ETF (MKAX) and the iShares Core Global Corporate Bond(Aud Hedged) ETF (IHCB). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MKAX | IHCB | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 1 | 7 |
Median incremental investment | $4,990.50 | $2,000.00 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $4,558.40 | $4,654.50 |
Average age group | 26 - 35 | > 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 | KKR & Co Inc Ordinary Shares (16.20 %) Amazon.com Inc (15.25 %) Blackstone Inc (14.34 %) | ISH GLBL CRP BND ETF USD DIST (100.57 %) USD CASH (0.03 %) CAD/AUD (0.01 %) |
Top 3 industries | Financials (30.27 %) Information Technology (27.44 %) Consumer Discretionary (21.33 %) | 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 | $3.56 | $93.05 |
Size | N/A | $323.230 million |
10Y return | N/A | -6.44 % |
Annual distribution yield (5Y) | 5.95 % | 3.46 % |
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 | 7 |
Median incremental investment | $4,990.50 | $2,000.00 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $4,558.40 | $4,654.50 |
Average age group | 26 - 35 | > 35 |
Pros and Cons
MKAX | IHCB | |
|---|---|---|
Pros |
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Cons |
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MKAX | IHCB |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |