MFOABSGROW ETF UNITSMFOABSGROW ETF UNITSMFOABSGROW ETF UNITS

MFOABSGROW ETF UNITS

No trades
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Key stats


Assets under management (AUM)
Fund flows (1Y)
Dividend yield (indicated)
0.93%
Discount/Premium to NAV
Shares outstanding
Expense ratio
0.90%

About MFOABSGROW ETF UNITS


Issuer
Milford Asset Management Ltd.
Brand
Milford
Inception date
Jan 16, 2023
Index tracked
RBA Cash Rate - AUD - Benchmark TR Gross
Management style
Active
Dividend treatment
Distributes
Primary advisor
Milford Asset Management Ltd.
ISIN
AU0000240558
The Fund targets absolute returns with an annualised return objective of 5% above the RBA cash rate while seeking to preserve investor capital over rolling three year periods (net of fees).

Broaden your horizons with more funds linked to MFOA via country, focus, and more.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Absolute return
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MFOA trades at 11.00 AUD today, its price hasn't changed in the past 24 hours. Track more dynamics on MFOA price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MFOA expense ratio is 0.90%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MFOA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MFOA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MFOA shows the buy signal. See more of MFOA technicals for a more comprehensive analysis.
Yes, MFOA pays dividends to its holders with the dividend yield of 0.93%.
MFOA shares are issued by Milford Asset Management Ltd.
MFOA follows the RBA Cash Rate - AUD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.