How ASX investors can use the DJRE ETF
The DJRE ETF by SPDR invests in global shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get global exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
An Australian investor could use the DJRE global property-focused ETF to get exposure to a broad basket of trusts (REITs) and companies which are exposed to property, rental, offices and construction.
DJRE meets our minimum market cap (FUM) criteria
The SPDR DJRE ETF had $427.43 million of money invested when we last pulled the monthly numbers. Given DJRE’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.
DJRE ETF fees explained
SPDR charges investors a yearly management fee of 0.50% for the DJRE ETF. This means that if you invested $2,000 in DJRE for a full year, you could expect to pay management fees of around $10.00.
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.
Putting it all together
If you’re weighing up investing in DJRE, keep in mind that this is just a brief introduction to the ETF. To supercharge your research, take a look at our free SPDR DJRE report. Then, consider searching our complete list of ASX ETFs for similar ETFs in the International shares sector to compare your options.
