BetaShares has announced that its Australia 200 exchange-traded fund (ETF), which was launched three months ago, has received a ‘recommended’ rating from Lonsec.
The fund, which according to BetaShares was the lowest-cost Australian Shares ETF, aimed to provide exposure to the top 200 ASX listed companies, while charging a management fee of 0.07 per cent per annum.
Lonsec praised the funds for its “very cost-effective and efficient means to access core Australian equities”.
BetaShares’ chief executive, Alex Vynokur said A200 is the most cost-effective way to obtain core Australian equities exposure via an ETF.
“The strong Lonsec rating provides positive external validation of the fund benefits.”
