The SelfWealth SELF ETF was an actively managed portfolio of Australian companies, which tracks an index that is made up of top performing SelfWealth member SMSF portfolios. The SELF ETF closed in February 2022 as a result of not being able to grow to a sufficient size in funds under management (FUM), and having wider-than-desired bid-ask spreads due to liquidity issues. The fund had just $4 million invested into it at the end of 2021.
SELF invests in Australian companies that are selected from the portfolios of the 80,000 SMSF members using the SelfWealth platform. This portfolio is equally weighted and rebalanced quarterly.
The SELF ETF was used by investors looking to utilise the collective knowledge of the SMSF users on SelfWealth, by gaining exposure to top-performing portfolios. In this regard, it was a fairly unique ETF in the Australian market and the fund internally makes up its own index.
To invest in any ASX ETF, you need to use create your own broker account and choose from over 400 ETFs.
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We manage ETF portfolios on behalf of 250+ Australian investors, with over $20 million invested.
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It’s called Rask Invest.
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*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
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“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.
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