Some things you should know about the STW ETF
The SPDR STW ETF is Australia’s first ETF and has been operating for over 15 years. STW provides exposure to the largest 200 Australian shares, based on market capitalisation. This is a low-cost way to access top Australian companies through a single fund.
According to our most recent data, the STW ETF had $3595.35 million of money invested. With STW’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.
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The ATEC ETF – a quick look for savvy investors
The BetaShares ATEC ETF provides exposure to the top Australian technology companies that are listed on the ASX. This is a low-cost way to access the Australian technology sector through a single fund.
With our numbers for Oct 2020, ATEC’s FUM stood at $133.75 million. Since the ATEC’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.
Are the fees for the ATEC ETF bad?
Betashares, the ETF issuer, charges a yearly management fee of 0.48% for the ATEC ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $9.60.
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.
The Betashares ATEC 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.