If you’re considering getting exposure to the Commodities sector, the BetaShares Gold Bullion ETF – Currency Hedged ETF (ASX: QAU) might be one ASX ETF to watch in January.
How the QAU ETF fits into an ASX portfolio
The BetaShares QAU ETF provides investors with exposure to the performance of gold bullion, hedged into Australian dollars.
QAU meets our minimum level for FUM
The BetaShares QAU ETF had $354.4 million of money invested when we last pulled the monthly numbers. Given QAU’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 Commodities sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
What about management fees and costs?
BetaShares charges investors a yearly management fee of 0.59% for the QAU ETF. This means that if you invested $2,000 in QAU for a full year, you could expect to pay management fees of around $11.80.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Before buying any ETF based on what you read here on Best ETFs, check out our BetaShares QAU report – it’s completely free! Then, search our complete list of ASX ETFs to do a proper side-by-side comparison of your chosen sector or thematic.
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