Some things you should know about the ETPMPT ETF
The ETFS ETPMPT ETF provides investors with access to the precious metal of platinum, by seeking to achieve a return equivalent to the movements in the platinum spot price, before fees and expenses.
According to our most recent data, the ETPMPT ETF had $17.02 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.
Like the look of the ETPMPT ETF? Grab our ETF free investment report.
The IKO ETF – a quick look for savvy investors
The iShares IKO ETF provides investors with exposure to the performance of the large and mid-cap segments of the Korean stock market.
With our numbers for July 2022, IKO’s FUM stood at $68.9 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 IKO ETF fee load?
iShares, the ETF issuer, charges a yearly management fee of 0.63% for the IKO ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $12.60.
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.
The iShares IKO 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.
