Is the GGUS ETF a good investment? Here’s where you start…
The BetaShares GGUS Fund is an internally geared fund, investing in the largest 500 US-listed companies by market capitalisation.
According to our most recent data, the GGUS ETF had $122.89 million of money invested. With GGUS’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.
Get our team’s GGUS ETF review, available free when you click this link: access the free investment report.
A quick take of the IVV ETF
The iShares IVV ETF provides investors with exposure to the largest 500 US stocks, by market capitalisation. This is a low-cost way to access leading US companies through a single fund.
With our numbers for July 2022, IVV’s FUM stood at $5053.98 million. Since the IVV’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 IVV ETF fee load?
iShares, the ETF issuer, charges a yearly management fee of 0.04% for the IVV ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $0.80.
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.
Did you know: you can get our full ETF review of IVV by clicking here?
