The iShares S&P Europe ETF (ASX:IEU)
The iShares IEU ETF provides investors with a broad exposure to leading European companies. This is a low-cost way to access a variety of European companies through a single fund.
According to our most recent data, the IEU ETF had $798.41 million of money invested. With IEU’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 IEU ETF, read our free ETF investment report once you’re done with this article.
Vaneck Australian Bank ETF (ASX:MVB)
The VanEck MVB ETF provides focused exposure to Australia’s largest industry, the banking sector. This is a low-cost way to invest in the Australian banking industry through a single fund.
With our numbers for July 2022, MVB’s FUM stood at $201.32 million. Since the MVB’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 Index sector should be able to scale well and become profitable for the ETF issuer.
A look at the MVB ETF fee load?
Vaneck, the ETF issuer, charges a yearly management fee of 0.28% for the MVB ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $5.60.
This management fee is below the average for all ETFs on our Best ETFs Australia list of ETFs. However, you might still be able to find a cheaper ETF for less.
Did you know that you get access to our free investment report on Best ETFs Australia? View the free MVB ETF report by clicking here.
So how can you actually invest the MVB ETF? By getting a free brokerage account with Pearler. If you join Pearler in the month of Mar 2024, with your free Pearler account you can buy the MVB ETF and pay $0 in brokerage fees. All you have to do is buy and hold the ETF for 12 months.
You can invest as little as $500 in the MVB ETF to take-up this offer. Sounds pretty good, right? To invest in MVB for $0 brokerage, simply click here to visit Pearler’s website and sign up.
