Find out what the ETF does
The BetaShares Legg Mason EMMG Fund is a concentrated and actively managed portfolio of emerging global equities. This fund aims to outperform the MSCI Emerging Markets Index, over a 5 year period.
EMMG could be used by investors looking for a concentrated exposure to emerging companies, as selected by active equity specialists at Martin Currie.
EMMG’s FUM meets our hurdle
The BetaShares EMMG ETF had $103.45 million of money invested when we last pulled the monthly numbers. Given EMMG’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw 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 de-risks the ETF.
Pay attention to yearly costs & fees
BetaShares charges investors a yearly management fee of 1.00% for the EMMG ETF. This means that if you invested $2,000 in EMMG for a full year, you could expect to pay management fees of around $20.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Our takeaway
If you’re thinking about investing in EMMG, bear in mind that this is just an introductory glance at the ETF. To explore further, check out our free BetaShares EMMG report. And for good measure, search our complete list of ASX ETFs for similar ETFs in the International shares sector to do a good comparison.
