How the EMMG ETF fits into an ASX portfolio
The BetaShares Legg Mason EMMG Fund is a concentrated and actively managed portfolio of emerging global equities. This fund aims to outperform the MSCI Emerging Markets Index, over a 5 year period.
EMMG could be used by investors looking for a concentrated exposure to emerging companies, as selected by active equity specialists at Martin Currie.
EMMG meets our minimum level for FUM
The BetaShares EMMG ETF had $103.45 million of money invested when we last pulled the monthly numbers. Given EMMG’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw 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 de-risks the ETF.
What about management fees and costs?
BetaShares charges investors a yearly management fee of 1.00% for the EMMG ETF. This means that if you invested $2,000 in EMMG for a full year, you could expect to pay management fees of around $20.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.51% or around $10.20 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Next steps
Before buying any ETF based on what you read here on Best ETFs, check out our BetaShares EMMG report – it’s completely free! Then, search our complete list of ASX ETFs to do a proper side-by-side comparison of your chosen sector or thematic.
