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Compare AU
Compare PLUS vs. IMLC
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 VanEck Australian Corporate Bond Plus ETF (PLUS) and the IML Concentrated Aus Share Fund - Active ETF (IMLC). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
PLUS | IMLC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 1 |
Median incremental investment | $9,993.50 | $997.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $13,165.50 | $2,152.08 |
Average age group | > 35 | 26 - 35 |
Key Summary
PLUS | IMLC | |
|---|---|---|
Strategy | PLUS.AX was created on 2017-05-09 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 368.5m in AUM and 165 holdings. PLUS.AX invests in a diversified portfolio of Australian dollar denominated bonds consisting predominantly of the highest yielding investment grade corporate bonds issued in Australia with the aim of providing investment returns (before fees and other costs) that track the performance of the Markit iBoxx AUD Corporates Yield Plus Index. | IMLC.AX was created on 2023-08-01 by IML. The fund's investment portfolio concentrates primarily on total market equity. The Fund aims to outperform the S&P/ASX 300 Accumulation Index (after fees and expenses and before taxes) on a rolling four-year basis. |
Top 3 holdings | VanEck Cash Plus Active ETF (1.51 %) | CSL Ltd (11.28 %) The Lottery Corp Ltd (8.52 %) Brambles Ltd (7.86 %) |
Top 3 industries | ||
Top 3 countries | Australia (88.36 %) New Zealand (5.82 %) United States (3.15 %) | |
Management fee | 0.32 % | 0.993 % |
Key Summary
PLUS | IMLC | |
|---|---|---|
Issuer | VanEck | IML |
Tracking index | Markit iBoxx AUD Corporates Yield Plus Index - AUD | |
Asset class | ETF | ETF |
Management fee | 0.32 % | 0.993 % |
Price | $16.80 | $4.11 |
Size | $365.694 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.99 % | 2.50 % |
Market | ASX | ASX |
First listed date | 11/05/2017 | 31/07/2023 |
Purchase fee | $6.50 | $6.50 |
Community Stats
PLUS | IMLC | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 3 | 1 |
Median incremental investment | $9,993.50 | $997.50 |
Median investment frequency | Fortnightly | Fortnightly |
Median total investment | $13,165.50 | $2,152.08 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
PLUS | IMLC | |
|---|---|---|
Pros |
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Cons |
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PLUS | IMLC |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower exposure to US market | Higher exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Higher distribution yield | Lower distribution yield |