What the BetaShares RBTZ ETF actually does
The BetaShares RBTZ ETF provides investors with exposure to leading global companies involved in the production and utilisation of robotics and artificial intelligence – a rising global trend.
This ETF could be a solution for investors looking for targeted exposure to the artificial intelligence and robotics sector, which is growing in popularity globally. RBTZ invests in companies from across the globe, with strong geographical exposures to Japan, US and Switzerland.
RBTZ meets our minimum FUM criteria
The BetaShares RBTZ ETF had $145.18 million of money invested when we last pulled the monthly numbers. Given RBTZ’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.
Don’t forget RBTZ’s fees
BetaShares charges investors a yearly management fee of 0.57% for the RBTZ ETF. This means that if you invested $2,000 in RBTZ for a full year, you could expect to pay management fees of around $11.40.
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.
What to do next
If you’re weighing up investing in the RBTZ ETF, keep in mind that this is just a brief introduction. Indeed, before doing anything, take a look at our free BetaShares RBTZ report. And while you’re at it, consider searching our complete list of ASX ETFs for similar ETFs in the International shares sector to compare your options.
