Key Highlights

  • The fund holds 550 companies, with the top ten at 26.28% and NVIDIA at 5.55%.
  • The United States represents 72.79% of the portfolio, and exposure is not hedged to Australian dollars.
  • The management fee is 0.08%, and cash holds 5.29%.
  • The October 2026 distribution of $0.043 is lower than the $0.160 paid in July.

Macquarie Core Global Equity Active ETF (ASX:MQEG) provides exposure to a diversified portfolio of international equities through securities listed, or expected to be listed, on recognised exchanges. The fund may also provide exposure to derivatives and cash, and its exposure to international assets is not hedged back to Australian dollars. It was admitted to the ASX on 15 May 2024 and last traded at $14.37 on 13 October 2026.

Detail

Information

Ticker

ASX:MQEG

Fund

Macquarie Core Global Equity Active ETF

Category

Equity World Large Blend

Benchmark

MSCI World ex Aus ex Tobacco NR AUD

Management fee

0.08%

Total holdings

550

ASX admission date

15 May 2024

Holdings

The ten largest positions represent 26.28% of the fund. NVIDIA leads at 5.55%, followed by Apple (4.87%), Microsoft (3.90%), Amazon.com (2.66%) and Alphabet Class A (2.14%). Broadcom holds 1.83%, Alphabet Class C 1.71%, Meta Platforms 1.30%, Micron Technology 1.27% and Eli Lilly 1.02%.

Cash is 5.29% and stocks 94.69%.

Sector and country exposure

Technology holds 32.67%, against 30.99% for the category, and Financial Services 16.74%. Industrials holds 9.87%, Healthcare 9.76% and Consumer Cyclical 9.16%. Communication Services holds 8.81%, Energy 4.44% and Utilities 1.39%.

The United States accounts for 72.79%, above the 68.75% category figure. Japan holds 5.31%, the United Kingdom 3.68%, Canada 3.23%, France 2.58% and Switzerland 2.50%. Companies above $1 billion in market capitalisation represent 99.60%.

Fee, risk and distributions

The management fee is 0.08% a year, and the benchmark excludes Australia and tobacco companies. The fund reports a beta of 0.92 and a standard deviation of 8.31. The interim distribution of $0.043 per unit had an ex-date of 1 October 2026, a record date of 2 October and payment on 16 October, equal to an annual yield of 1.47%.

That is higher than the $0.004 paid in April and January and $0.010 in October 2025, but lower than the $0.160 paid in July.

Category classification and liquidity

Morningstar places the fund in the Equity World Large Blend category, which covers funds investing primarily in large companies listed around the globe, with the portfolio not defined by a single sector or region and the blend style applied where neither growth nor value characteristics predominate.

Liquidity indicators add a further view. Fund size and units on issue are not reported for this product, and average daily trading volume is 67,903 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 33,100 to 88,300 units, with 33,144 recorded on 13 October while the market was still open. The bid-offer range stood at $14.30 to $14.38, and the day range at $14.32 to $14.38. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged monthly redemptions, applications and units-on-issue details on 7 October, a Final Distribution and DRP Issue Price notice on 2 October, Full Year Accounts on 30 September and an Estimated Distribution on 28 September.

Closing Perspective

MQEG combines a broad, actively managed international portfolio with a very low 0.08% fee. Its cash weighting of 5.29% and unhedged currency exposure are part of its profile, and distributions have varied between $0.004 and $0.160. These facts do not forecast outcomes.