Spend wisely, save more, knock off work really early.
If you would like to invest in Australian shares, but don’t have the experience or interest required to choose the shares of individual companies, ETFs might be a good option.
In my case, I have been an active share investor for all of my investing career. But it takes a lot of time to filter for potential investments, do detailed research and keep up with the progress of the company after initial purchase. While the returns (so far) have been worth the effort, I am considering moving at least part of my Australian equity allocation into ETFs as I approach financial independence. After all, what is the point of being financially free if you spend all of your time managing your investments?
What follows is a list of all of the ASX listed ETFs which provide access to Australian shares. They each have slightly different flavors and follow different indexes so there is plenty to choose from.
|ASX Code||Name||Benchmark||Management Fee|
|ZOZI||ANZ ETFS S&P/ASX 100 ETF||S&P/ASX 100 Index||0.24%|
|QOZ||BetaShares FTSE RAFI Australia 200 ETF||FTSE RAFI Australia 200||0.3%|
|IOZ||iShares S&P/ASX 200 ETF||S&P/ASX 200||0.19%|
|ILC||iShares S&P/ASX 20 ETF||S&P/ASX 20||0.24%|
|ISO||iShares S&P/ASX Small Ordinaries ETF||S&P/ASX Small Ordinaries||0.55%|
|MVW||Market Vectors Australian Equal Weight ETF||Market Vectors Australia Equal Weight Index||0.35%|
|MVS||Market Vectors Small Cap Dividend Payers ETF||Market Vectors Australia Small-Cap Dividend Payers Index||0.49%|
|STW||SPDR 200 Fund||S&P/ASX 200||0.19%|
|SFY||SPDR 50 Fund||S&P/ASX 50||0.28%|
|SSO||SPDR S&P/ASX Small Ordinaries Fund||S&P/ASX Small Ordinaries||0.5%|
|UBA||UBS IQ MSCI Australia Ethical||MSCI Australia ex Tobacco ex Controversial Weapons Index||0.17%|
|VAS||Vanguard Australian Shares Index||S&P/ASX 300||0.15%|
|VLC||Vanguard MSCI Australian Large Companies Index||MSCI Large Cap Index||0.2%|
|VSO||Vanguard MSCI Australian Small Companies Index||MSCI Small Cap Index||0.3%|