Don’t you wonder if now is the time to start analysing the Switzer Quality Global Growth Fund (Quoted Managed Fund) ETF (ASX: WCMQ) and ETF Securities Physical Silver ETF (ASX: ETPMAG)? These Exchange-Traded Funds (ETFs) aim to provide exposure to the International shares and Commodities sectors, respectively.
Is the WCMQ ETF a good investment? Here’s where you start…
The WCMQ Fund is issued by Switzer and investments are managed by WCM Investment Management. WCMQ uses an active investment approach and invests with high conviction in shares of companies that its investment team deem to be high-quality, growth-style companies.
According to our most recent data, the WCMQ ETF had $364.26 million of money invested. With WCMQ’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 WCMQ ETF review, available free when you click this link: access the free investment report.
A quick take of the ETPMAG ETF
The ETFS ETPMAG ETF provides investors with access to the precious metal of silver, by seeking to achieve a return equivalent to the movements in the silver spot price, before fees and expenses.
With our numbers for December 2021, ETPMAG’s FUM stood at $226.55 million. Since the ETPMAG’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.
A look at the ETPMAG ETF fee load?
ETF Securities, the ETF issuer, charges a yearly management fee of 0.0049 for the ETPMAG ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $9.80.
This management fee is below the average for all ETFs on our Best ETFs Australia list of ETFs. However, you might still be able to find a cheaper ETF for less.
Did you know: you can get our full ETF review of ETPMAG by clicking here?
So how can you actually invest the ETPMAG ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of Apr 2022, with your free Pearler account you can buy the ETPMAG ETF and pay $0 in brokerage fees. All you have to do is buy and hold the ETF for 12 months.
You can invest as little as $500 in the ETPMAG ETF to take-up this offer. Sounds pretty good, right? To invest in ETPMAG for $0 brokerage, simply click here to visit Pearler’s website and sign up.
