Is the MHG ETF a good investment? Here’s where you start…
The Magellan MHG Fund is an actively-managed portfolio that invests in a select array of international companies. The fund typically selects between 20-40 global equities and hedges its exposure against the Australian dollar to manage currency risks.
According to our most recent data, the MHG ETF had $163.76 million of money invested. With MHG’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.
Get our team’s MHG ETF review, available free when you click this link: access the free investment report.
A quick take of the RINC ETF
The BetaShares Legg Mason RINC ETF is an actively managed fund that invests in companies that own physical assets, like A-REITs, utilities and infrastructure. These companies are expected to grow revenues and profits overtime and provide sustainable dividend income to investors.
With our numbers for July 2022, RINC’s FUM stood at $64.29 million. Given it has less than $100 million invested, ask yourself (or your adviser) if the ETF is still too small (and if you should wait to buy into it). If you’re concerned the ETF might not be established enough, compare it alongside one of the other Active ETF (e.g. ETMF) sector ETFs, using our full list of ETFs.
A look at the RINC ETF fee load?
BetaShares, the ETF issuer, charges a yearly management fee of 0.85% for the RINC ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $17.00.
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: you can get our full ETF review of RINC by clicking here?
