Australian and ASX-listed ETFs like the BetaShares QAU ETF (ASX: QAU) are gaining more attention than ever because of how easy they make it for investors to get exposure to the Commodities sector. Here’s a quick review of the QAU ETF.
What does the QAU ETF do for a diversified portfolio?
The BetaShares QAU ETF provides investors with exposure to the performance of gold bullion, hedged into Australian dollars.
The BetaShares QAU ETF could be used by investors to gain exposure to the price of gold, without the inconvenience associated with directly purchasing, storing and insuring physical gold bullion. Investors commonly use gold as a hedge against uncertainty, because gold is often seen as a ‘safe haven’ asset in times of volatility.
How big is the BetaShares QAU ETF?
The BetaShares QAU ETF had $298.58 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.
QAU ETF fees reviewed
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 0.51% 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.
Even if you like what you see, before diving straight into buying the QAU ETF, please read the ETF’s Product Disclosure Statement (PDS). Also, be sure to take a look at our BetaShares QAU report for a more comprehensive overview of this ETF. While you’re on our website, 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.
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