Don’t you wonder if now is the time to start analysing the iShares S&P Midcap ETF (ASX: IJH) and ETF Securities SelfWealth SMSF Leaders ETF (ASX: SELF)? These Exchange-Traded Funds (ETFs) aim to provide exposure to the International shares and Australian shares sectors, respectively.
Is the IJH ETF a good investment? Here’s where you start…
The iShares IJH ETF provides investors with exposure to mid-cap US companies. This is a low-cost way to access a specific segment of the US market through a single fund.
According to our most recent data, the IJH ETF had $209.68 million of money invested. With IJH’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws 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 lowers the chance that the ETF issuer will close the ETF.
Get our team’s IJH ETF review, available free when you click this link: access the free investment report.
A quick take of the SELF ETF
The SelfWealth SELF ETF is an actively managed portfolio of Australian companies, which tracks an index that is made up of top performing SelfWealth member SMSF portfolios.
With our numbers for July 2021, SELF’s FUM stood at $108.85 million. Since the SELF’s FUM is over $100 million, our investing team would say the ETF has met our minimum criteria for the total amount invested, otherwise known as FUM. A very sustainable ETF in the Active ETF (e.g. ETMF) sector should be able to scale well and become profitable for the ETF issuer.
Are the fees for the SELF ETF bad?
ETF Securities, the ETF issuer, charges a yearly management fee of 0.88% for the SELF ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $17.60.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Did you know: you can get our full ETF review of SELF by clicking here?
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