What is the RBTZ ETF used for?
The BetaShares RBTZ ETF provides investors with exposure to leading global companies involved in the production and utilisation of robotics and artificial intelligence – a rising global trend.
This ETF could be a solution for investors looking for targeted exposure to the artificial intelligence and robotics sector, which is growing in popularity globally. RBTZ invests in companies from across the globe, with strong geographical exposures to Japan, US and Switzerland.
Keep an eye on FUM
The BetaShares RBTZ ETF had $145.18 million of money invested when we last pulled the monthly numbers. Given RBTZ’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.
Fees and costs for investors
BetaShares charges investors a yearly management fee of 0.57% for the RBTZ ETF. This means that if you invested $2,000 in RBTZ for a full year, you could expect to pay management fees of around $11.40.
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.
Summary
These are just some of the considerations or factors you would need to look at when weighing up the RBTZ ETF. Before doing anything, take a look at our BetaShares RBTZ report – it’s free. While you’re at it, don’t forget to search our complete list of ASX ETFs.
