If you’re looking for an ASX ETF in the International shares sector, chances are, the BetaShares Legg Mason Emerging Markets Fund (Managed Fund) ETF (ASX: EMMG) is an ETF you’re considering. Here’s what you need to know.
How ASX investors can use the EMMG ETF
The BetaShares Legg Mason EMMG Fund is a concentrated and actively managed portfolio of emerging global equities. This fund aims to outperform the MSCI Emerging Markets Index, over a 5 year period.
EMMG could be used by investors looking for a concentrated exposure to emerging companies, as selected by active equity specialists at Martin Currie.
EMMG meets our minimum market cap (FUM) criteria
The BetaShares EMMG ETF had $101.21 million of money invested when we last pulled the monthly numbers. Given EMMG’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 International shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
EMMG ETF fees explained
BetaShares charges investors a yearly management fee of 1.00% for the EMMG ETF. This means that if you invested $2,000 in EMMG for a full year, you could expect to pay management fees of around $20.00.
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.
Putting it all together
If you’re weighing up investing in EMMG, keep in mind that this is just a brief introduction to the ETF. To supercharge your research, take a look at our free BetaShares EMMG report. Then, consider searching our complete list of ASX ETFs for similar ETFs in the International shares sector to compare your options.