The Platinum Funds Management Asia Fund (Quoted Managed Hedge Fund) ETF (ASX:PAXX)
The Platinum PAXX Fund is an actively-managed fund that invests in a diversified portfolio of Asian companies, excluding Japan. The fund typically selects between 50-100 Asian companies that the investment team at Platinum believe to be undervalued by the market.
According to our most recent data, the PAXX ETF had $109.68 million of money invested. With PAXX’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 PAXX ETF, read our free ETF investment report once you’re done with this article.
Vanguard Australian Property Securities Index ETF (ASX:VAP)
The Vanguard VAP ETF provides investors with low-cost exposure to listed Australian property companies and real estate investment trusts (REITs).
With our numbers for July 2022, VAP’s FUM stood at $2283.54 million. Since the VAP’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 Property sector should be able to scale well and become profitable for the ETF issuer.
A look at the VAP ETF fee load?
Vanguard, the ETF issuer, charges a yearly management fee of 0.23% for the VAP ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $4.60.
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 VAP ETF report by clicking here.