What to know about the iShares ISEC ETF
The iShares ISEC ETF provides investors with exposure to higher-yielding, short-term money market instruments, including floating rate notes. ISEC seeks to outperform the S&P/ASX Bank Bill Index (before fees and expenses).
According to our most recent data, the ISEC ETF had $243.35 million of money invested. With ISEC’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 Cash – Australian 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 ISEC ETF. Click here to access our free ETF review.
The ETF Securities TECH ETF – key points
The ETFS TECH ETF provides investors with exposure to the performance of shares in around 30 undervalued competitively-advantaged global technology businesses. Think global social media companies, online or cloud-based platforms, leaders in artificial intelligence, software creators and digital advertisers.
With our numbers for December 2021, TECH’s FUM stood at $395.46 million. Since the TECH’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 TECH ETF fee load?
ETF Securities, the ETF issuer, charges a yearly management fee of 0.0045 for the TECH ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $9.00.
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.
Before rushing out and investing in the TECH 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 TECH.
So how can you actually invest the TECH ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of Jul 2022, with your free Pearler account you can buy the TECH 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 TECH ETF to take-up this offer. Sounds pretty good, right? To invest in TECH for $0 brokerage, simply click here to visit Pearler’s website and sign up.
