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Compare PAXX vs. CNEW

Compare shares and ETFs on the ASX that you can trade on Pearler.

Platinum Asia Fund (Quoted Managed Hedge Fund)

ASX

Buy

Buy

Overview
Performance

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 Platinum Asia Fund (Quoted Managed Hedge Fund) (PAXX) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

PAXX

CNEW

Popularity

Low

Low

Pearlers invested

2

50

Median incremental investment

$1,783.07

$703.09

Median investment frequency

Monthly

Monthly

Median total investment

$6,806.82

$1,921.92

Average age group

26 - 35

> 35


Key Summary

PAXX

CNEW

Strategy

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.

CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index.

Top 3 holdings

Taiwan Semiconductor Manufacturing Co Ltd (9.48 %)

SK Hynix Inc (5.48 %)

Vietnam Enterprise Ord (4.41 %)

Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.45 %)

Gambol Pet Group Co Ltd Class A (1.18 %)

MotoMotion China Corp Class A (1.12 %)

Top 3 industries

Other (40.86 %)

Information Technology (39.97 %)

Communication Services (9.99 %)

Consumer Discretionary (45.81 %)

Other (36.77 %)

Consumer Staples (27.74 %)

Top 3 countries

China (46.18 %)

Korea (17.74 %)

Taiwan (10.79 %)

China (100.00 %)

Management fee

1.26 %

0.95 %


Key Summary

PAXX

CNEW

Issuer

Platinum

VanEck

Tracking index

CSI MarketGrader China New Economy Index - CNY

Asset class

ETF

ETF

Management fee

1.26 %

0.95 %

Price

$4.92

$7.04

Size

N/A

$110.475 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

5.11 %

1.53 %

Market

ASX

ASX

First listed date

14/09/2017

09/11/2018

Purchase fee

$6.50

$6.50


Community Stats

PAXX

CNEW

Popularity

Low

Low

Pearlers invested

2

50

Median incremental investment

$1,783.07

$703.09

Median investment frequency

Monthly

Monthly

Median total investment

$6,806.82

$1,921.92

Average age group

26 - 35

> 35


Pros and Cons

PAXX

CNEW

Pros

  • Higher price growth

  • Higher distribution yield

  • Lower management fee

Cons

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

PAXX

CNEW

Higher management fee

Lower management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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