Can the VGMF and AGX1 ETFs be part of an ASX ETF portfolio?

On the ASX, the Vanguard Global Multi-Factor Active ETF (Managed Fund) ETF (ASX: VGMF) and Antipodes Partners Global Shares (Quoted Managed Fund) ETF (ASX: AGX1) might be worth digging into in 2023.

What to know about the Vanguard VGMF ETF

The Vanguard VGMF Fund is an actively-managed ETF providing investors with exposure to a portfolio of global companies selected using a rules-based, quantitative approach.

According to our most recent data, the VGMF ETF had $0 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.

Keep learning about the VGMF ETF. Click here to access our free ETF review.

The Antipodes Partners AGX1 ETF – key points

The Antipodes AGX1 is an actively managed portfolio of global equities, which focuses on building a concentrated fund of undervalued companies.

With our numbers for July 2022, AGX1’s FUM stood at $346.09 million. Since the AGX1’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 Active ETF (e.g. ETMF) sector should be able to scale well and become profitable for the ETF issuer.

A look at the AGX1 ETF fee load?

Antipodes Partners, the ETF issuer, charges a yearly management fee of 1.1% for the AGX1 ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $22.00.

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.

Before rushing out and investing in the AGX1 fund, consider searching our full ETF list to compare the fees and costs of another ETF side-by-side. Another idea might be using our website to get a free but comprehensive investment review on AGX1.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report, and 24/7 access to the Rask community, for FREE by CLICKING HERE NOW or the button below.

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