The BetaShares Legg Mason Equity Income Fund (Managed Fund) ETF (ASX:EINC)
The BetaShares EINC Fund provides investors with an actively managed portfolio of high-yielding Australian companies. Legg Mason Asset Management is the investment manager for this fund.
According to our most recent data, the EINC ETF had $27.06 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.
To learn more about the EINC ETF, read our free ETF investment report once you’re done with this article.
iShares J.P.Morgan USD Emerging Markets Bond (AUD Hedged) ETF (ASX:IHEB)
The iShares IHEB ETF provides investors with exposure to the performance of global emerging markets bonds that are US dollar-denominated, hedged back into Australian dollars.
With our numbers for July 2022, IHEB’s FUM stood at $41.35 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Index sector ETFs, using our full list of ETFs.
A look at the IHEB ETF fee load?
iShares, the ETF issuer, charges a yearly management fee of 0.51% for the IHEB ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $10.20.
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 that you get access to our free investment report on Best ETFs Australia? View the free IHEB ETF report by clicking here.
