Is the VACF ETF a good investment? Here’s where you start…
The Vanguard VACF ETF provides exposure to corporate bonds issued by Australia’s largest banks, financial institutions, and property trusts.
According to our most recent data, the VACF ETF had $566.28 million of money invested. With VACF’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 Fixed interest – Australia 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 VACF ETF review, available free when you click this link: access the free investment report.
A quick take of the YMAX ETF
The BetaShares YMAX ETF is an actively managed portfolio of Australia’s top 20 blue-chip companies, designed to maximise income by using covered calls.
With our numbers for July 2022, YMAX’s FUM stood at $345.38 million. Since the YMAX’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 Yield/income sector should be able to scale well and become profitable for the ETF issuer.
A look at the YMAX ETF fee load?
BetaShares, the ETF issuer, charges a yearly management fee of 0.76% for the YMAX ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $15.20.
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: you can get our full ETF review of YMAX by clicking here?
