MQEG – Macquarie Core Global Equity Active ETF

Posting this as I am interested in it as a potential for some international diversification in my portfolio. The low fees are very appealing and most funds tracking an index often only beat it marginally (to where the 20% performance is likely not to occur often enough for it to be overly significant).

Interested if anyone has seen any other red flags/concerns related to the MQEG etf’s it appears they are trying to compete with BetaShares on the low fee model.

comments …

i first i hold MQG ( so am a little conflicted )

now i was looking at the Australian version

but most of my niggles should translate your selection

now i don’t mind paying performance fees WHEN they earn them

so is the comparison benchmark any sort of hurdle . some managed funds elsewhere seem to just draw a chalk mark on the floor ( no hurdle at all , or one you can never understand if they are rorting it )

a GOOD active fund manager should beat the benchmark about 50% of the time (but a bad manager could do so nearly every time ( like Bernie Madoff did )

MQG are very performance driven ( formerly known as ‘the millionaire factory ‘) so expect them to try ( too? ) hard ( or those managers are shown the door ) so expect them to take some extra risks

my real question is this the correct time to be chasing developed economies … emerging ones the extra risk might pay off better

.. so does this ETF offer a better portfolio than one that focuses on the NASDAQ or DJIA

my other niggle is these ETFs are relatively new ( no easy to check history , now since MQG culls bad performers quickly that might be a good thing .. BUT ETFs are supposed to trade very near their NTA , so unlike a LIC are less liable to trade at a premium or discount

now i realize you are younger and have time on your side , but is this where you want to park some cash this year , if you think the whole market will drop 40% or more your answer might easily be yes ( hoping Government will selectively bail-out the BIG names

BTW i still haven’t found the documentation i like to read before buying ANY ETF ( simple implies to me , they consider your gullible or lazy )