Find out what the ETF does
The BetaShares QLTY ETF provides investors with exposure to a diversified portfolio of 150 leading global companies. These companies are ranked and selected by examining companies based on the following factors; high return of equity and profitability, low leverage and earnings stability.
QLTY is designed to outperform typical global equities indices, through its use of quality selection criteria. Investors looking for exposure to 150 high-quality global stocks, could use this ETF to diversify their portfolio.
QLTY’s FUM meets our hurdle
The BetaShares QLTY ETF had $325.64 million of money invested when we last pulled the monthly numbers. Given QLTY’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.
Pay attention to yearly costs & fees
BetaShares charges investors a yearly management fee of 0.35% for the QLTY ETF. This means that if you invested $2,000 in QLTY for a full year, you could expect to pay management fees of around $7.00.
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 QLTY, bear in mind that this is just an introductory glance at the ETF. To explore further, check out our free BetaShares QLTY report. And for good measure, search our complete list of ASX ETFs for similar ETFs in the International shares sector to do a good comparison.
