What to know about the Platinum Funds Management PAXX ETF
The Platinum PAXX Fund is an actively-managed fund that invests in a diversified portfolio of Asian companies, excluding Japan. The fund typically selects between 50-100 Asian companies that the investment team at Platinum believe to be undervalued by the market.
According to our most recent data, the PAXX ETF had $109.68 million of money invested. With PAXX’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 International shares 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 PAXX ETF. Click here to access our free ETF review.
The Vanguard VAP ETF – key points
The Vanguard VAP ETF provides investors with low-cost exposure to listed Australian property companies and real estate investment trusts (REITs).
With our numbers for July 2022, VAP’s FUM stood at $2283.54 million. Since the VAP’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 Property sector should be able to scale well and become profitable for the ETF issuer.
A look at the VAP ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.23% for the VAP ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $4.60.
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 VAP 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 VAP.
