Some things you should know about the ROBO ETF
The ETFS ROBO ETF provides investors with exposure to the global value chain of robotics, automation and artificial intelligence (RAAI) related companies. Some investors consider RAAI-related companies as disruptors to industries across the globe and thus, a ‘thematic’ or ‘megatrend’ to invest in.
According to our most recent data, the ROBO ETF had $213.99 million of money invested. With ROBO’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.
Like the look of the ROBO ETF? Grab our ETF free investment report.
The VMIN ETF – a quick look for savvy investors
The Vanguard VMIN Fund is an actively-managed ETF which aims to provide lower volatility than the broader global equity market by investing across many markets and industries.
With our numbers for July 2022, VMIN’s FUM stood at $15.83 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 Multifactor sector ETFs, using our full list of ETFs.
A look at the VMIN ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.28% for the VMIN ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $5.60.
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.
The Vanguard VMIN ETF might be one idea for the watchlist but before you go any further, click here to get our full ETF review – it’s free.
