
Alex Vynokur
The world’s lowest cost Australian shares ETF[1] yesterday started trading on the ASX. BetaShares Australia 200 ETF (ASX: A200) provides investors with exposure to 200 of the largest companies listed on the ASX, with a management fee of only 0.07% p.a.
A200’s management fee is half that of the previous lowest-fee Australian shares ETF available on the ASX.
Research indicates that there is a ready market for this product, with Australian equities consistently being one of the ETF categories receiving the highest level of interest from investors – with the category receiving $2.6 billion of net flows in 2017, according to the BetaShares annual ETF review for 2017.
“We believe that A200 is a game-changer for Australian investors. By offering such a low cost option for exposure to Australian shares, investors now have a cheap, simple solution for the core of their portfolio”, said BetaShares Chief Executive Officer, Alex Vynokur.
“The Australian ETF industry continues on a strong growth trajectory, and we believe that the greater availability of simple, low cost ETFs like A200 will help drive the next wave of ETF industry growth and engage new audiences.”
The A200 ETF is BetaShares’ 45th fund available on the ASX.