Is the OZF ETF a good investment? Here’s where you start…
The SPDR OZF ETF is a more unique ETF that invests in financial companies from within the ASX 200, while excluding A-REITs and other real-estate and development related companies.
According to our most recent data, the OZF ETF had $124.57 million of money invested. With OZF’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 Australian shares 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 OZF ETF review, available free when you click this link: access the free investment report.
A quick take of the VAE ETF
The Vanguard VAE ETF provides exposure to a portfolio of companies listed in Asia, excluding Japan, Australia and New Zealand. As the ETF is not hedged, investors are also exposed to currency fluctuations.
With our numbers for July 2022, VAE’s FUM stood at $348.81 million. Since the VAE’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 Index sector should be able to scale well and become profitable for the ETF issuer.
A look at the VAE ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.4% for the VAE ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $8.00.
This management fee is below the average for all ETFs on our Best ETFs Australia list of ETFs. However, you might still be able to find a cheaper ETF for less.
Did you know: you can get our full ETF review of VAE by clicking here?
