On the ASX, the BetaShares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ) and Magellan Airlie Australian Share Fund (Managed Fund) (ASX: AASF) might be worth digging into in 2021.
What to know about the BetaShares RBTZ ETF
The BetaShares RBTZ ETF provides investors with exposure to leading global companies involved in the production and utilisation of robotics and artificial intelligence – a rising global trend.
According to our most recent data, the RBTZ ETF had $167.01 million of money invested. With RBTZ’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.
Keep learning about the RBTZ ETF. Click here to access our free ETF review.
The Magellan AASF ETF – key points
The Airlie Australian Share Fund invests in 15-35 companies on the Australian stock exchange using a ‘best ideas’ approach to active investing. The fund aims to have no more than 10% of its portfolio in cash. The AASF fund aims to provide long-term capital growth and regular income to their investors.
With our numbers for July 2021, AASF’s FUM stood at $128.4 million. Since the AASF’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 AASF ETF bad?
Magellan, the ETF issuer, charges a yearly management fee of 0.78% for the AASF ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $15.60.
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.
Before rushing out and investing in the AASF fund, consider searching our full ETF list to compare the fees and costs of another ETF side-by-side. Another idea might be using our website to get a free but comprehensive investment review on AASF.
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