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.

MKAX share price & data

Ticker code: MKAX
Yearly fee (MER): 1.25%
FUM: $32.52 million
Monthly spread: 0.83%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
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Oct
2019
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2020
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2019
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2020
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$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

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.

MKAX dividend information

Fund Issuer

Montaka Global Investments is an investment firm that seeks to offer its investors exposure to opportunities from markets around the world.

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

We apply a generic risk warning to all ETFs and funds that may not have another, more obvious, risk warning applied to them.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Link Market Services is the second-largest share registry in Australia and operates from offices in 11 countries throughout Australasia, Asia, Africa, the Middle East and Europe.

Sector Information

The Best ETFs global or international shares sector includes ETFs, managed funds and index funds which cover international equities/share markets.

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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