Don’t you wonder if now is the time to start analysing the Platinum Funds Management International Fund (Quoted Managed Hedge Fund) ETF (ASX: PIXX) and Vanguard US Total Market Shares Index ETF (ASX: VTS)? These Exchange-Traded Funds (ETFs) operate in the International shares sector, a key sector for diversified portfolios.
Is the PIXX ETF a good investment? Here’s where you start…
The Platinum PIXX Fund is an actively-managed fund that invests in a select portfolio of international companies. The fund typically selects between 70-140 global equities that the investment team at Platinum believe to be undervalued by the market.
According to our most recent data, the PIXX ETF had $362.59 million of money invested. With PIXX’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 PIXX ETF review, available free when you click this link: access the free investment report.
A quick take of the VTS ETF
The Vanguard VTS ETF provides investors with broad, diversified exposure to the US market. The ETF is not hedged, meaning investors are also exposed to exchange rate fluctuations.
With our numbers for July 2021, VTS’s FUM stood at $2776.88 million. Since the VTS’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 Index sector should be able to scale well and become profitable for the ETF issuer.
Are the fees for the VTS ETF bad?
Vanguard, the ETF issuer, charges a yearly management fee of 0.03% for the VTS ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $0.60.
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 VTS by clicking here?
[ls_content_block id=”4954″ para=”paragraphs”]
