Like us, you might have noticed the SPDR S&P Global Dividend Fund ETF (ASX: WDIV) and think that now could be a good time to consider taking a closer look. Here’s what ETF investors need to know.
1. What does the WDIV ETF do for investors?
WDIV invests in shares of global companies that have a strong track record for paying dividends to their investors (i.e. they have paid a dividend for at least 10 years in a row).
2. Funds under management (FUM)
The SPDR WDIV ETF had $270.41 million of money invested when we last pulled the monthly numbers. Given WDIV’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw the line at $100 million for ETFs in the International shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
3. Don’t forget about the fees & costs
SPDR charges investors a yearly management fee of 0.5% for the WDIV ETF. This means that if you invested $2,000 in WDIV for a full year, you could expect to pay management fees of around $10.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Now what?
These are just a few of the considerations or factors you would need to look at when running the rule over the WDIV ETF. Before you go any further, take a look at our free SPDR WDIV report. And while you’re at it, don’t forget to search our complete list of ASX ETFs.
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