It’s time to run a ruler over Vanguard Ethically Conscious International Shares Index ETF (ASX: VESG) and Betashares Managed Risk Australian Share Fund (Managed Fund) ETF (ASX: AUST). The ETFs invest in the International shares and Australian shares sectors/industries, respectively.
The Vanguard VESG ETF (ASX:VESG)
The Vanguard VESG ETF provides investors with exposure to a broad range of companies from developed economies around the world, while excluding companies involved with fossil fuels, alcohol, tobacco, gambling, weapons, nuclear power, and adult entertainment.
According to our most recent data, the VESG ETF had $477.5 million of money invested. With VESG’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 International 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.
To learn more about the VESG ETF, read our free ETF investment report once you’re done with this article.
Betashares AUST ETF (ASX:AUST)
The BetaShares AUST Fund is an actively managed fund that passively tracks the ASX 200, while providing investors with a risk managed approach that aims to minimise volatility and protect against losses in declining markets.
With our numbers for October 2021, AUST’s FUM stood at $21.77 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Active ETF (e.g. ETMF) sector ETFs, using our full list of ETFs.
Are the fees for the AUST ETF bad?
Betashares, the ETF issuer, charges a yearly management fee of 0.49% for the AUST ETF. Meaning, if you invested $2,000 for a full 12-month period you could expect to pay a base management fee of around $9.80.
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.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free AUST ETF report by clicking here.
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