The iShares MSCI Japan ETF (ASX:IJP)
The iShares IJP ETF provides investors with exposure to around 85% of the Japanese stock market. This is a low-cost way to access a specific market through a single fund.
According to our most recent data, the IJP ETF had $417.48 million of money invested. With IJP’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.
To learn more about the IJP ETF, read our free ETF investment report once you’re done with this article.
Platinum Funds Management International Fund (Quoted Managed Hedge Fund) ETF (ASX:PIXX)
The Platinum PIXX Fund is an actively-managed fund that invests in a select portfolio of international companies. The fund typically selects between 70-140 global equities that the investment team at Platinum believe to be undervalued by the market.
With our numbers for July 2022, PIXX’s FUM stood at $295.59 million. Since the PIXX’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 Active ETF (e.g. ETMF) sector should be able to scale well and become profitable for the ETF issuer.
A look at the PIXX ETF fee load?
Platinum Funds Management, the ETF issuer, charges a yearly management fee of 1.1% for the PIXX ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $22.00.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free PIXX ETF report by clicking here.
