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MACAX

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Analysis and statistics

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About

MACAX.US represents the Macquarie Aviation Pass Through Trust Certificates Series 2021-1A, a type of asset-backed security. These certificates represent fractional undivided interests in a pool of aircraft leases and related assets. Investors in MACAX.US receive payments that are ultimately derived from the lease revenue generated by the underlying aircraft. The performance of the security is therefore tied to the creditworthiness of the lessees, the utilization rates of the aircraft, and the overall health of the aviation industry.
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Factors

Net Asset Value (NAV): The NAV is a primary driver, reflecting the total value of the fund's assets minus liabilities, divided by the number of outstanding shares.

Market Performance: The overall performance of the asset classes the fund invests in, such as stocks or bonds, greatly influences its price.

Investor Demand: Increased demand for the fund can push its price higher, while increased selling pressure can lower it.

Management Fees & Expenses: The fund's expense ratio, covering management fees and operational costs, can indirectly affect the returns and thus the price.

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