Some things you should know about the E200 ETF
The SPDR ASX 200 ESG ETF provides investors with exposure to the largest 200 Australian/ASX-listed companies while also being tilted towards companies which exhibit strong Environmental, Social and Governance (ESG) characteristics — and E200 excludes companies in tobacoo and controversial weapons and those which earn more than 5% of their revenue from thermal coal.
According to our most recent data, the E200 ETF had $34.96 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.
Like the look of the E200 ETF? Grab our ETF free investment report.
The ESTX ETF – a quick look for savvy investors
The ETFS ESTX ETF provides investors with exposure to 50 blue-chip companies from 12 eurozone countries; namely Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
With our numbers for July 2022, ESTX’s FUM stood at $63.78 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 Index sector ETFs, using our full list of ETFs.
A look at the ESTX ETF fee load?
ETF Securities, the ETF issuer, charges a yearly management fee of 0.35% for the ESTX ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $7.00.
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.
The ETF Securities ESTX ETF might be one idea for the watchlist but before you go any further, click here to get our full ETF review – it’s free.
So how can you actually invest the ESTX ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of Sep 2022, with your free Pearler account you can buy the ESTX ETF and pay $0 in brokerage fees. All you have to do is buy and hold the ETF for 12 months.
You can invest as little as $500 in the ESTX ETF to take-up this offer. Sounds pretty good, right? To invest in ESTX for $0 brokerage, simply click here to visit Pearler’s website and sign up.
