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How to buy Morphic Ethical Equities Fund shares | A$1

Own Morphic Ethical Equities Fund shares in just a few minutes.


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Morphic Ethical Equities Fund Limited is an asset management business based in Australia. Morphic Ethical Equities Fund shares (MEC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $52.9 million.

How to buy shares in Morphic Ethical Equities Fund

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Morphic Ethical Equities Fund . Find the share by name or ticker symbol: MEC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Morphic Ethical Equities Fund reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $1, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Morphic Ethical Equities Fund . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Morphic Ethical Equities Fund 's share price?

Since the stock market crash in March caused by coronavirus, Morphic Ethical Equities Fund 's share price has had significant negative movement.

Its last market close was $1, which is 4.76% down on its pre-crash value of $1.05 and 42.86% up on the lowest point reached during the March crash when the shares fell as low as $0.7.

If you had bought $1,000 worth of Morphic Ethical Equities Fund shares at the start of February 2020, those shares would have been worth $729.17 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,041.67.

Morphic Ethical Equities Fund share price

Use our graph to track the performance of MEC stocks over time.

Morphic Ethical Equities Fund shares at a glance

Information last updated 2020-10-21.
Latest market closeAUDA$1
52-week rangeAUDA$0.7 - AUDA$1.1345
50-day moving average AUDA$0.9904
200-day moving average AUDA$0.9684
Target priceN/A
PE ratio 101.0101
Dividend yield AUDA$0.02 (2%)
Earnings per share (TTM) N/A

Share Trading Account Offer

IG Share Trading Offer


Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.


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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares

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Is it a good time to buy Morphic Ethical Equities Fund stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Morphic Ethical Equities Fund price performance over time

Historical closes compared with the close of A$1 on 2020-10-22

1 week (2020-10-16) 0%
1 month (2020-09-23) 3.63%
3 months (2020-07-23) 6.95%
6 months (2020-04-23) 17.65%
1 year (2019-10-23) 14.29%
2 years (2018-10-23) -3.85%
3 years (2017-10-23) -8.68%
5 years (2015-10-19) N/A

Is Morphic Ethical Equities Fund under- or over-valued?

Valuing Morphic Ethical Equities Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Morphic Ethical Equities Fund 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Morphic Ethical Equities Fund 's P/E ratio

Morphic Ethical Equities Fund 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 101x. In other words, Morphic Ethical Equities Fund shares trade at around 101x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Morphic Ethical Equities Fund financials

Gross profit TTM $0
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value N/A
Market capitalisation $52.9 million

TTM: trailing 12 months

Morphic Ethical Equities Fund share dividends

Dividend payout ratio: 202.02% of net profits

Recently Morphic Ethical Equities Fund has paid out, on average, around 202.02% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Morphic Ethical Equities Fund shareholders could enjoy a 2% return on their shares, in the form of dividend payments. In Morphic Ethical Equities Fund 's case, that would currently equate to about A$0.02 per share.

Morphic Ethical Equities Fund 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 8 July 2020 (the "ex-dividend date").

Morphic Ethical Equities Fund overview

Morphic Ethical Equities Fund Limited is an equity mutual fund launched and managed by Morphic Asset Management Pty Limited. The fund invests in public equity markets across the globe. It also invests in derivatives. The fund invests in stocks of companies across diversified market capitalizations. It invests in value, growth, and momentum stocks of companies. The fund employs long and short strategy to make its investments. It employs fundamental analysis with bottom-up and top-down approach to make its investments. The fund benchmarks the performance of its portfolio against the MSCI All Countries Total Return Daily Index. It employs ethical screening to make its investments. The fund does not invests in securities of companies involved in environmental destruction, including coal and uranium mining, oil and gas extraction, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling, logging of rainforest, and old growth timber. Morphic Ethical Equities Fund Limited was formed on March 14, 2017 and is domiciled in Australia.

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