Compare AU

Compare MKAX vs. USHY

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 are a popular choice. Two options in the ASX are MKAX and USHY. In this comparison, we'll delve into these options across various dimensions to help you make an informed investment decision.

Community Stats

MKAX

USHY

Popularity

Low

Low

Pearlers invested

1

5

Median incremental investment

$4,990.50

$1,100.00

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$4,558.40

$1,086.75

Average age group

26 - 35

> 35


Key Summary

MKAX

USHY

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.

USHY.AX was created on 2022-07-01 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The Fund aims to provide consumers with a return that tracks the performance of the Solactive USD High Yield Corporates Total Market Hedged to AUD Index (the Index) before fees and expenses.

Top 3 holdings

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

Global X Usd High Yield Bond ETF(Currency Hedged). (100 %)

Top 3 industries

Top 3 countries

Management fee

1.25 %

0.3 %


Key Summary

MKAX

USHY

Issuer

Montaka

Global X

Tracking index

Solactive USD High Yield Corporates Total Market AUD Hedged Index - AUD - Benchmark TR Net Hedged

Asset class

ETF

ETF

Management fee

1.25 %

0.3 %

Price

$4.54

$10.35

Size

N/A

$16.396 million

10Y return

N/A

N/A

Annual dividend yield (5Y)

4.08 %

2.40 %

Market

ASX

ASX

First listed date

23/06/2020

04/07/2022

Purchase fee

$6.50

$6.50


Community Stats

MKAX

USHY

Popularity

Low

Low

Pearlers invested

1

5

Median incremental investment

$4,990.50

$1,100.00

Median investment frequency

Fortnightly

Fortnightly

Median total investment

$4,558.40

$1,086.75

Average age group

26 - 35

> 35


Pros and Cons

MKAX

USHY

Pros

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower distribution yield

MKAX

USHY

Higher management fee

Lower management fee

Higher distribution yield

Lower distribution yield

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