Some things you should know about 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.
According to our most recent data, the YMAX ETF had $345.38 million of money invested. With YMAX’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.
Like the look of the YMAX ETF? Grab our ETF free investment report.
The DJRE ETF – a quick look for savvy investors
The DJRE ETF by SPDR invests in global shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get global exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
With our numbers for July 2022, DJRE’s FUM stood at $427.43 million. Since the DJRE’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 Property sector should be able to scale well and become profitable for the ETF issuer.
A look at the DJRE ETF fee load?
SPDR, the ETF issuer, charges a yearly management fee of 0.5% for the DJRE ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $10.00.
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 SPDR DJRE 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.
