MKAX - BUY AND HOLD Compounding your wealth over the long term in owning this Active Managed Exchange Traded ("ETMF") you get a portfolio of long-term winners of attractive markets. This portfolio believes in making high conviction bets on these winners. We believe this approach will deliver strong, long term compoundi
Montaka Global Extension Fund (Quoted Managed Hedge Fund) Units
No trades
No trades
Key stats
Fund info
Home page
Inception date
Jun 24, 2020
Structure
Management Investment Scheme
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Montaka Global Pty Ltd.
ISIN
AU0000092033
FIGI
BBG00VNDTQ17
Identifiers
ISIN AU0000092033
The Fund aims to provide Unitholders with long term capital growth, with a focus on managing downside risk.
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MKAX trades at 3.31 AUD today, its price has fallen −0.90% in the past 24 hours. Track more dynamics on MKAX price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MKAX expense ratio is 1.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MKAX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MKAX technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MKAX shows the sell signal. See more of MKAX technicals for a more comprehensive analysis.
Today, MKAX technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MKAX shows the sell signal. See more of MKAX technicals for a more comprehensive analysis.
Yes, MKAX pays dividends to its holders with the dividend yield of 13.15%.
MKAX shares are issued by Montaka Global Investments LLC
MKAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 24, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.
