MQAE
Actively managedAustralian SharesMacquarie Core Australian Equity Active ETF
About this ETF
The Fund provides exposure to a diversified portfolio of Australian equities through securities listed, or expected to be listed, on the Australian Securities Exchange (ASX). The Fund may also have exposure to securities listed on an offshore exchange where the securities are also listed on the ASX.
IssuerMacquarie
Management fee (MER)0.03% p.a.
Inception date15 May 2024
BenchmarkS&P/ASX 300 TR
Scout Score
89/100
Ranked #1 of 23 in active Australian SharesAn independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Cost100
Diversification—
Liquidity98
Fund Strength70
Performance—
Income68
Strengths
- Low fee — 0.03% p.a., cheaper than 100% of active Australian Shares funds.
- Highly liquid — 0.08% bid/ask spread, better than 98% of active Australian Shares peers.
- Large, established fund — $1.3B in assets, bigger than 70% of active Australian Shares funds.
Weaknesses
No notable weaknesses found relative to category peers.