MQHG
Actively managedInternational SharesMacquarie Core Global Equity (Hedged) Active ETF
About this ETF
The Fund aims to outperform the Index by an average of 1% per annum (before fees and expenses) over rolling five-year periods2 by investing in an unquoted class of the Macquarie Core Global Equity Fund (ARSN 674 553 201) (Underlying Fund). The Underlying Fund provides exposure to a diversified portfolio of global equities through securities listed, or expected to be listed, on recognised security exchanges. The Underlying Fund may also provide exposure to derivatives and cash.
Scout Score
An 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.
Strengths
- Low fee — 0.18% p.a., cheaper than 98% of active International Shares funds.
- Attractive yield — 1.72%, higher than 80% of active International Shares peers.
Weaknesses
- Small fund — $32M in assets, smaller than 81% of active International Shares funds, which can mean wider spreads.