Montaka Global Extension Fund (ASX: MKAX)
The Montaka Global Extension fund is a listed managed fund which aims to offer investors exposure to long-term structural winning companies in attractive industries. Typically, the MKAX fund aims to hold 15 to 30 long positions in companies which are medium to large cap, together with 10-40 stock-specific short positions.
What does the MKAX invest in?
The Montaka Global Extension fund aims to couple its long exposure in shares by profiting from short positions in 10-40 select companies and short positions in ETFs. It may also use derivatives or other strategies to provide protection against volatility or risk.
What do investors use MKAX for?
The MKAX fund could be used by investors to get exposure to a concentrated portfolio of large companies from the US markets and elsewhere outside Australia, together with select short positions.
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