The BetaShares Managed Risk Global Share Fund (Managed Fund) ETF (ASX:WRLD)
The BetaShares WRLD ETF provides investors with exposure to an actively managed portfolio of global shares, seeking to reduce volatility and defend against losses in declining markets.
According to our most recent data, the WRLD ETF had $53.43 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.
To learn more about the WRLD ETF, read our free ETF investment report once you’re done with this article.
VanEck Vectors China New Economy ETF (ASX:CNEW)
The VanEck CNEW ETF provides investors with exposure to Chinese companies primarily from the IT, health care, consumer staples and consumer discretionary sectors.
With our numbers for July 2022, CNEW’s FUM stood at $114.84 million. Since the CNEW’s FUM is over $100 million, our investing team would say the ETF has met our minimum criteria for the total amount invested, otherwise known as FUM. A very sustainable ETF in the Index sector should be able to scale well and become profitable for the ETF issuer.
A look at the CNEW ETF fee load?
VanEck, the ETF issuer, charges a yearly management fee of 0.95% for the CNEW ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $19.00.
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 CNEW ETF report by clicking here.
So how can you actually invest the CNEW ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of May 2023, with your free Pearler account you can buy the CNEW 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 CNEW ETF to take-up this offer. Sounds pretty good, right? To invest in CNEW for $0 brokerage, simply click here to visit Pearler’s website and sign up.
