MSTR
Actively managedInternational SharesMorningstar International Shares Active ETF
About this ETF
The Fund is a managed investment scheme registered with the ASIC. The Fund will invest predominantly in units of the Morningstar International Shares (Hedged) Fund (ARSN 092 227 435) (“Underlying Fund”) and some cash. The Fund may also invest in derivatives to gain desired exposures or manage risks.
IssuerMorningstar
Management fee (MER)0.39% p.a.
Inception date12 Nov 2019
BenchmarkMorningstar Global Mar ex Aus Hgd NR AUD
Scout Score
81/100
Ranked #3 of 64 in active International 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.
Cost83
Diversification—
Liquidity87
Fund Strength77
Performance—
Income66
Strengths
- Highly liquid — 0.11% bid/ask spread, better than 87% of active International Shares peers.
- Low fee — 0.39% p.a., cheaper than 83% of active International Shares funds.
- Large, established fund — $385M in assets, bigger than 77% of active International Shares funds.
Weaknesses
No notable weaknesses found relative to category peers.
