Some things you should know about the LNAS ETF
The Global X Ultra Long Nasdaq 100 Hedge Fund (ASX: LNAS) ETF is an ETF designed to provide amplified or ‘geared’ exposure to the popular NASDAQ 100 stock market index.
According to our most recent data, the LNAS ETF had $29.17 million of money invested. Given its funds under management (also known as FUM or ‘market cap’) is less than $100 million, you should consider if this ETF is still too small and if it is sustainable for the ETF issuer. At Best ETFs we say an ETF with more than $100 million invested is typically more sustainable than one with less than $100 million (at least). However, there are exceptions to this general rule, especially if the ETF issuer/provider is reputable and committed to growing the ETF’s FUM through effective marketing strategies and distribution to financial advisers.
Like the look of the LNAS ETF? Grab our ETF free investment report.
The EMKT ETF – a quick look for savvy investors
The VanEck EMKT ETF gives investors exposure to companies across a range of emerging markets. Emerging markets (EM) are markets which are typically associated with higher average returns over 10+ years, but they (typically) come with higher risk, as measured by volatility.
With our numbers for July 2022, EMKT’s FUM stood at $45.51 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 EMKT ETF fee load?
VanEck, the ETF issuer, charges a yearly management fee of 0.69% for the EMKT ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $13.80.
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.
The VanEck EMKT 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.
So how can you actually invest the EMKT ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of Mar 2023, with your free Pearler account you can buy the EMKT 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 EMKT ETF to take-up this offer. Sounds pretty good, right? To invest in EMKT for $0 brokerage, simply click here to visit Pearler’s website and sign up.
