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Montaka Global Extension Fund (Quoted Managed Hedge Fund) (ASX: MKAX) - Share Price and Research

- Current share price for MKAX : $4.540

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX) is a newly formed managed investment scheme which has been registered with ASIC. The fund aims to provide investors with long term capital growth, with a focus on managing downside risk. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over the medium to long term, assuming financial markets remain relatively stable during that time.

General Information

Montaka Global Extension ETF
Equity World Long Short
MSCI World Ex Australia NR AUD
star
starstarstar (as at 30 Nov 2024)
Investment Fund
24 Jun 2020
$72.11 million (as at 31 Oct 2024)
$4.5656 (as at 23 Dec 2024)
$4.5428 (as at 23 Dec 2024)

MKAX ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 12.18 24.32 35.77 57.11 47.83 7.32 - -
Growth return 12.18 24.32 32.44 49.57 40.52 2.01 - -
Income return (Yield) 0 0 3.33 7.54 7.31 5.31 - -

Market index (MSCI World Ex Australia NR AUD)
Total return 5.18 8.79 13.61 30.23 22.04 11.92 13.37 13.17

Asset Allocation (30 Nov 2024)

Australian Equities 2.83%
International Equities 95.33%
Cash 1.84%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund aims to provide investors with long term capital growth, with afocus on managing downside risk. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over the medium to long term, assuming financial markets remain relatively stable during that time. The Fund may not be successful in meeting this obiective. Returns are not quaranteed
The Fund invests in a portfolio of quality global equities listed on major global exchanges (the Long Portfolio) purchased at a discount to MGIMS estimated intrinsic value The Fund also seeks to proft through borowing and short selling (the Short Portfolio) the securities of companies MGM believes are, for example, deteriorating, misperceived and overvalued. Typically, the Fund seeks to hold 15 to 30 long positions and partially offsets these with 10 to 40 short positions.

Offer information

MER 2.23% (as at 5 Jun 2024)
Indirect Cost Ratio (ICR) 1.25% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 30 Sep 2022)

Holding Type % of Portfolio
Amazon.com Inc Equity 13.46%
Login now to view the complete list of holdings.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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