1. Exposure
The BetaShares HETH ETF provides investors with a currency-hedged exposure to a diversified portfolio of global companies that fit within the environmental, social and governance (ESG) framework set, along with screening out companies with significant exposure to fossil fuels. HETH has been certified by the Responsible Investment Association Australasia (RIAA), as part of the Responsible Investment Certification Program. The HETH ETF invests in teh BetaShares ETHI ETF.
The HETH ETF could be a solution for investors looking for currency-hedged exposure to a portfolio of sustainable and ethical companies, specifically excluding fossil fuel producers, companies with human rights issues and companies with a lack of gender diversity within the board.
2. Funds under management (FUM)
The BetaShares HETH ETF had $170.45 million of money invested when we last pulled the monthly numbers. Given HETH’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.
3. Management fees & costs matter
BetaShares charges investors a yearly management fee of 0.62% for the HETH ETF. This means that if you invested $2,000 in HETH for a full year, you could expect to pay management fees of around $12.40.
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.
What now?
These are just some of the considerations or factors you would need to consider when weighing up the HETH ETF. If you’re looking to do some further digging, be sure to read our BetaShares HETH report – it’s free. While you’re at it, don’t forget to search our complete list of ASX ETFs. You can filter the results according to sector, issuer, size, and more.
