MQAE ETF: A Guide to Macquarie Core Australian Equity Active ETF

Overview

Macquarie Core Australian Equity Active ETF (MQAE) is an actively managed Australian equity fund. Its disclosed portfolio centres on financial services and basic materials, with BHP Group and Commonwealth Bank of Australia as its largest holdings. The profile reports a 2.338% year-to-date return and a 1.692% one-year return; these figures are historical snapshots, not indications of future performance.

Category

MQAE provides active exposure to Australian equities, with portfolio weights tilted toward financial services and basic materials. The disclosed holdings include large banks, a major resources company and businesses from other sectors, but the substantial top-ten concentration means the portfolio is not evenly distributed across companies.

Australian equities have a distinctive sector mix, with major banks and resource companies prominent in the domestic market. MQAE’s disclosed portfolio reflects that character, while its active structure means its exposures may differ from broad market-weighted funds.

Key facts

Ticker

MQAE

Exchange

AU

ISIN

AU0000326472

Category / focus

Australia & New Zealand Equity

Provider

Macquarie Asset Management Public Investments

Domicile

Australia

Currency

AUD

Inception date

2024-05-13

UCITS

No

Costs

AUM

1.4B

The supplied profile does not provide a total expense ratio, ongoing charge or net expense ratio. Investors comparing funds may wish to check current product disclosure documents for applicable fees and costs.

Performance

YTD

3.1%

1 year

1.9%

Dividend yield

2.74%

Top 10 concentration

46.5%

Holdings

1. BHP Group Ltd11.23%

   Ticker

   BHP

   Sector

   Basic Materials

   Country

   Australia

2. Commonwealth Bank of Australia8.15%

   Ticker

   CBA

   Sector

   Financial Services

   Country

   Australia

3. Westpac Banking Corporation4.24%

   Ticker

   WBC

   Sector

   Financial Services

   Country

   Australia

4. ANZ Group Holdings Ltd4.17%

   Ticker

   ANZ

   Sector

   Financial Services

   Country

   Australia

5. National Australia Bank Ltd4.20%

   Ticker

   NAB

   Sector

   Financial Services

   Country

   Australia

6. Macquarie Group Ltd3.84%

   Ticker

   MQG

   Sector

   Financial Services

   Country

   Australia

7. Wesfarmers Ltd2.90%

   Ticker

   WES

   Sector

   Consumer Cyclical

   Country

   Australia

8. CSL Ltd2.96%

   Ticker

   CSL

   Sector

   Healthcare

   Country

   Australia

9. Rio Tinto Ltd2.52%

   Ticker

   RIO

   Sector

   Basic Materials

   Country

   Australia

10. Woodside Energy Group Ltd2.25%

    Ticker

    WDS

    Sector

    Energy

    Country

    Australia

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The portfolio is led by financial services at 32.26% and basic materials at 25.86%. BHP Group is the largest disclosed holding at 11.033%, followed by Commonwealth Bank of Australia at 10%. The top ten holdings together account for 49.284% of the portfolio, leaving performance meaningfully exposed to a limited set of large companies.

Regions

• Australasia94.0%

• North America2.7%

• United Kingdom0.2%

• Japan0.0%

• Asia Emerging0.0%

• Latin America0.0%

• Asia Developed0.0%

• Europe Emerging0.0%

• Europe Developed0.0%

• Africa/Middle East0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

• Financial Services34.0%

• Basic Materials27.8%

• Industrials8.5%

• Consumer Cyclicals6.9%

• Healthcare5.5%

• Real Estate4.8%

• Energy4.7%

• Consumer Defensive3.8%

• Communication Services3.4%

• Technology2.6%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Related ETFs

MQAE’s active approach and disclosed portfolio can be compared with broad Australian shares ETFs, which generally provide market-wide exposure. The comparison is about investment approach and portfolio composition, not a recommendation.

Risks

Who it may suit

MQAE may interest investors researching an actively managed Australian equity portfolio with substantial exposure to financial services and basic materials. Its holdings remain concentrated in a relatively small group of major companies, and the supplied profile does not state a management cost or verified benchmark. This is general information, not personal financial advice.

Key risks

MQAE is exposed to Australian sharemarket risk, and its concentration in financial services, basic materials and a handful of major holdings can make returns sensitive to developments affecting those sectors and companies. Share prices can fall, and past performance does not predict future results. The supplied profile does not include a management-cost figure or verified benchmark, limiting comparison on those dimensions.

FAQ