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Compare MKAX vs. PAXX

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

Community Stats

MKAX

PAXX

Popularity

Low

Low

Pearlers invested

1

2

Median incremental investment

$4,990.50

$1,783.07

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$6,447.11

Average age group

26 - 35

26 - 35


Key Summary

MKAX

PAXX

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.

PAXX.AX was created on 2017-08-17 by Platinum. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The Fund aims to provide capital growth over the long-term by providing exposure to undervalued listed investments in the Asian region excluding Japan.

Top 3 holdings

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

Taiwan Semiconductor Manufacturing Co Ltd (9.40 %)

Samsung Electronics Co Ltd (6.67 %)

SK Hynix Inc (6.17 %)

Top 3 industries

Information Technology (45.98 %)

Other (31.27 %)

Communication Services (9.03 %)

Top 3 countries

Management fee

1.25 %

1.26 %


Key Summary

MKAX

PAXX

Issuer

Montaka

Platinum

Tracking index

Asset class

ETF

ETF

Management fee

1.25 %

1.26 %

Price

$4.47

$4.68

Size

N/A

N/A

10Y return

N/A

N/A

Annual dividend/ distribution yield (5Y)

4.08 %

5.11 %

Market

ASX

ASX

First listed date

23/06/2020

14/09/2017

Purchase fee

$6.50

$6.50


Community Stats

MKAX

PAXX

Popularity

Low

Low

Pearlers invested

1

2

Median incremental investment

$4,990.50

$1,783.07

Median investment frequency

Fortnightly

Monthly

Median total investment

$4,558.40

$6,447.11

Average age group

26 - 35

26 - 35


Pros and Cons

MKAX

PAXX

Pros

  • Lower management fee

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower price growth

  • Lower distribution yield

  • Higher management fee

MKAX

PAXX

Lower management fee

Higher management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield

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