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Compare MKAX vs. ILC

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

Community Stats

MKAX

ILC

Popularity

Low

Low

Pearlers invested

1

36

Median incremental investment

$4,990.50

$850.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,804.33

Average age group

26 - 35

> 35


Key Summary

MKAX

ILC

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.

ILC.AX was created on 2010-12-06 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 664.02m in AUM and 21 holdings. The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of the 20 largest Australian securities listed on the ASX.

Top 3 holdings

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

COMMONWEALTH BANK OF AUSTRALIA (15.55 %)

BHP GROUP LTD (13.88 %)

CSL LTD (9.45 %)

Top 3 industries

Financials (44.02 %)

Materials (20.36 %)

Health Care (9.45 %)

Top 3 countries

Management fee

1.25 %

0.24 %


Key Summary

MKAX

ILC

Issuer

Montaka

iShares

Tracking index

S&P/ASX 20 - AUD

Asset class

ETF

ETF

Management fee

1.25 %

0.24 %

Price

$4.47

$32.42

Size

N/A

$687.198 million

10Y return

N/A

33.42 %

Annual dividend/ distribution yield (5Y)

4.08 %

6.44 %

Market

ASX

ASX

First listed date

23/06/2020

09/12/2010

Purchase fee

$6.50

$6.50


Community Stats

MKAX

ILC

Popularity

Low

Low

Pearlers invested

1

36

Median incremental investment

$4,990.50

$850.00

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$2,804.33

Average age group

26 - 35

> 35


Pros and Cons

MKAX

ILC

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

MKAX

ILC

Higher management fee

Lower management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield

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