Are the IAA and MOGL ETFs worth watching in Dec?

It’s time to run a ruler over iShares S&P Asia 50 ETF (ASX: IAA) and Montaka Global Equities Fund (Managed Fund) ETF (ASX: MOGL). The ETFs invest across the International shares sector.

The iShares S&P Asia 50 ETF (ASX:IAA)

The iShares IAA ETF provides exposure to the performance of 50 large, established Asian companies listed on the stock exchanges of China, Hong Kong, South Korea, Singapore, Taiwan, and Macau.

According to our most recent data, the IAA ETF had $665.39 million of money invested. With IAA’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 IAA ETF, read our free ETF investment report once you’re done with this article.

Montaka Global Equities Fund (Managed Fund) ETF (ASX:MOGL)

The Montaka MOGL Fund is an actively-managed portfolio that invests in a concentrated portfolio of global equities. The fund typically selects between 15-30 global equities and aims to pay a distribution of at least 4.5% per year.

With our numbers for July 2022, MOGL’s FUM stood at $58.98 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Active ETF (e.g. ETMF) sector ETFs, using our full list of ETFs.

A look at the MOGL ETF fee load?

Montaka, the ETF issuer, charges a yearly management fee of 1.32% for the MOGL ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $26.40.

The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.

Did you know that you get access to our free investment report on Best ETFs Australia? View the free MOGL ETF report by clicking here.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report, and 24/7 access to the Rask community, for FREE by CLICKING HERE NOW or the button below.

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