Find out what the ETF does
The SLF ETF by SPDR invests in shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
An investor could use the property-focused SLF ETF to get exposure to a broad basket of trusts (REITs) and companies which are exposed to property, rental, offices and construction.
SLF’s FUM meets our hurdle
The SPDR SLF ETF had $588.51 million of money invested when we last pulled the monthly numbers. Given SLF’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 Australian shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
Pay attention to yearly costs & fees
SPDR charges investors a yearly management fee of 0.40% for the SLF ETF. This means that if you invested $2,000 in SLF for a full year, you could expect to pay management fees of around $8.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.5% or around $10.00 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Our takeaway
If you’re thinking about investing in SLF, bear in mind that this is just an introductory glance at the ETF. To explore further, check out our free SPDR SLF report. And for good measure, search our complete list of ASX ETFs for similar ETFs in the Australian shares sector to do a good comparison.
