Getting exposure to the International shares sector has never been easier thanks to ASX ETFs like the BetaShares Global Cybersecurity ETF (ASX: HACK). That said, no matter how easy it seems to be, we think it’s still important to do your own ETF review.
How the HACK ETF could be used in portfolios
The BetaShares HACK ETF provides investors with exposure to the performance of the world’s largest companies involved in cybersecurity – a sector with strong growth prospects as businesses begin to place an increasing emphasis on cybersecurity and the protection of data.
HACK exceeds our minimum market cap (FUM) criteria
The BetaShares HACK ETF had $372 million of money invested when we last pulled the monthly numbers. Given HACK’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.
HACK’s fees & costs explained
BetaShares charges investors a yearly management fee of 0.67% for the HACK ETF. This means that if you invested $2,000 in HACK for a full year, you could expect to pay management fees of around $13.40.
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.
Bottom line
This is just a quick overview of the HACK ETF. Before ‘testing the depth of water with both feet’ so to speak, be sure to read the HACK ETF’s Product Disclosure Statement (PDS), available on the BetaShares website, or speak to your financial adviser. For another handy resource, take a look at our BetaShares HACK report. You can also use our complete list of ASX ETFs to search for a few different ETFs in the sector and conduct a side-by-side comparison using everything you’ve learned here.
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