The Montaka MOGL ETF (ASX:MOGL)
The Montaka MOGL Fund is an actively-managed portfolio that invests in a concentrated portfolio of global equities. The fund typically selects between 15-30 global equities and aims to pay a distribution of at least 4.5% per year.
According to our most recent data, the MOGL ETF had $84.2 million of money invested. Given its funds under management (also known as FUM or ‘market cap’) is less than $100 million, you should consider if this ETF is still too small and if it is sustainable for the ETF issuer. At Best ETFs we say an ETF with more than $100 million invested is typically more sustainable than one with less than $100 million (at least). However, there are exceptions to this general rule, especially if the ETF issuer/provider is reputable and committed to growing the ETF’s FUM through effective marketing strategies and distribution to financial advisers.
To learn more about the MOGL ETF, read our free ETF investment report once you’re done with this article.
Vanguard VDGR ETF (ASX:VDGR)
The Vanguard VDGR ETF provides investors with exposure to a portfolio of other Vanguard funds. This ETF gives investors exposure to multiple asset classes with a single purchase, and is designed to be a diversified portfolio in itself.
With our numbers for December 2021, VDGR’s FUM stood at $609.44 million. Since the VDGR’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.
A look at the VDGR ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.27% for the VDGR ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $5.40.
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.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free VDGR ETF report by clicking here.
