It’s time to run a ruler over Platinum Funds Management Asia Fund (Quoted Managed Hedge Fund) ETF (ASX: PAXX) and Vanguard MSCI International Small Companies Index ETF (ASX: VISM). The ETFs invest across the International shares sector.
The Platinum Funds Management PAXX ETF (ASX:PAXX)
The Platinum PAXX Fund is an actively-managed fund that invests in a diversified portfolio of Asian companies, excluding Japan. The fund typically selects between 50-100 Asian companies that the investment team at Platinum believe to be undervalued by the market.
According to our most recent data, the PAXX ETF had $133.62 million of money invested. With PAXX’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.
To learn more about the PAXX ETF, read our free ETF investment report once you’re done with this article.
Vanguard VISM ETF (ASX:VISM)
The Vanguard VISM ETF provides investors with exposure to a diversified portfolio of small-cap companies from developed countries around the world, excluding Australia.
With our numbers for December 2021, VISM’s FUM stood at $189.31 million. Since the VISM’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 Growth factor sector should be able to scale well and become profitable for the ETF issuer.
A look at the VISM ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.0033 for the VISM ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $6.60.
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 that you get access to our free investment report on Best ETFs Australia? View the free VISM ETF report by clicking here.
