MQYM
Actively managedFixed IncomeMacquarie Global Yield Maximiser Active ETF
About this ETF
The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees) by investing in a diversified portfolio of fixed income securities, which are generally expected to be higher yielding than traditional fixed income investments. It aims to provide higher distributions than cash and traditional fixed income investments, with some potential for growth.
IssuerMacquarie
Management fee (MER)0.59% p.a.
Inception date19 Feb 2025
BenchmarkBloomberg AusBond Bank 0+Y TR AUD
Scout Score
44/100
Ranked #22 of 30 in active Fixed IncomeAn 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.
Cost34
Diversification—
Liquidity27
Fund Strength51
Performance—
Income100
Strengths
- Attractive yield — 6.81%, higher than 100% of active Fixed Income peers.
Weaknesses
- Lower liquidity — 0.33% bid/ask spread, wider than 73% of active Fixed Income peers.
- Higher fee — 0.59% p.a., more expensive than 66% of active Fixed Income funds.