InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX)
  6. Fund details

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (ASX: MKAX) - Share Price and Research

- Current share price for MKAX : $3.410

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX) is a newly formed managed investment scheme which has been registered with ASIC. The fund aims to provide investors with long term capital growth, with a focus on managing downside risk. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over the medium to long term, assuming financial markets remain relatively stable during that time.

General Information

Montaka Global Extension ETF
Equity World Long Short
MSCI World Ex Australia NR AUD
starstar (as at 31 Mar 2024)
Investment Fund
24 Jun 2020
$45.53 million (as at 30 Nov 2023)
$3.4259 (as at 22 Apr 2024)
$3.4089 (as at 22 Apr 2024)

Fund performance (31 Mar 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.79 18.8 32.5 52.04 12.63 6.97 - -
Growth return -0.79 15.95 29.32 44.81 7.09 1.67 - -
Income return 0 2.85 3.18 7.23 5.54 5.3 - -

Market index (MSCI World Ex Australia NR AUD)
Total return 3.02 14.06 20.11 28.72 15.87 14.43 - 13.43

Asset Allocation (31 Mar 2024)

Australian Equities 5.30%
International Equities 94.70%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund aims to provide investors with long term capital growth, with afocus on managing downside risk. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over the medium to long term, assuming financial markets remain relatively stable during that time. The Fund may not be successful in meeting this obiective. Returns are not quaranteed
The Fund invests in a portfolio of quality global equities listed on major global exchanges (the Long Portfolio) purchased at a discount to MGIMS estimated intrinsic value The Fund also seeks to proft through borowing and short selling (the Short Portfolio) the securities of companies MGM believes are, for example, deteriorating, misperceived and overvalued. Typically, the Fund seeks to hold 15 to 30 long positions and partially offsets these with 10 to 40 short positions.

Offer information

Indirect Cost Ratio (ICR) 1.25% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment

Top 10 holdings (as at 30 Sep 2022)

Holding Type % of Portfolio
Amazon.com Inc Equity 13.46%
Login now to view the complete list of holdings.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.