Some things you should know about the PIXX ETF
The Platinum PIXX Fund is an actively-managed fund that invests in a select portfolio of international companies. The fund typically selects between 70-140 global equities that the investment team at Platinum believe to be undervalued by the market.
According to our most recent data, the PIXX ETF had $295.59 million of money invested. With PIXX’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.
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The VAS ETF – a quick look for savvy investors
The Vanguard VAS ETF provides exposure to the largest 300 Australian shares, based on market capitalisation. This is a low-cost way to access top Australian companies through a single fund.
With our numbers for July 2022, VAS’s FUM stood at $11009.7 million. Since the VAS’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 VAS ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.1% for the VAS ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $2.00.
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 VAS 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.
