Getting exposure to the Australian shares sector has never been easier thanks to ASX ETFs like the SPDR S&P/ASX 200 Listed Property Fund ETF (ASX: SLF). That said, no matter how easy it seems to be, we think it’s still important to do your own ETF review. So, here’s an overview of the SPDR S&P/ASX 200 Listed Property Fund ETF (ASX:SLF) ETF, plus how to take your research to the next level.
How the SLF ETF could be used in portfolios
The SLF ETF by SPDR invests in shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
SLF exceeds our minimum market cap (FUM) criteria
The SPDR SLF ETF had $464.31 million of money invested when we last pulled the monthly numbers. Given SLF’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw 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 de-risks the ETF.
SLF’s fees & costs explained
SPDR charges investors a yearly management fee of 0.4% for the SLF ETF. This means that if you invested $2,000 in SLF for a full year, you could expect to pay management fees of around $8.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.51% or around $10.20 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
This is just a quick overview of the SLF ETF. Before ‘testing the depth of water with both feet’ so to speak, be sure to read the SLF ETF’s Product Disclosure Statement (PDS), available on the SPDR website, or speak to your financial adviser. For another handy resource, take a look at our SPDR SLF report. You can also use our complete list of ASX ETFs to search for a few different ETFs in the sector and conduct a side-by-side comparison using everything you’ve learned here.