What to know about the iShares BILL ETF
The iShares BILL ETF provides investors with exposure to short-term Australian dollar-denominated bank bills with term to maturities of up to three months.
According to our most recent data, the BILL ETF had $298.69 million of money invested. With BILL’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 Cash – Australian 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.
Keep learning about the BILL ETF. Click here to access our free ETF review.
The ETF Securities GOLD ETF – key points
The ETFS GOLD ETF provides investors with access to the precious metal of gold, by seeking to achieve a return equivalent to the movements in the gold spot price, before fees and expenses.
With our numbers for July 2022, GOLD’s FUM stood at $2541.51 million. Since the GOLD’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 GOLD ETF fee load?
ETF Securities, the ETF issuer, charges a yearly management fee of 0.4% for the GOLD ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $8.00.
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.
Before rushing out and investing in the GOLD fund, consider searching our full ETF list to compare the fees and costs of another ETF side-by-side. Another idea might be using our website to get a free but comprehensive investment review on GOLD.
So how can you actually invest the GOLD 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 GOLD 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 GOLD ETF to take-up this offer. Sounds pretty good, right? To invest in GOLD for $0 brokerage, simply click here to visit Pearler’s website and sign up.
