ETF Securities reduces fees

Feb 25, 2021

In a move to improve the value and fee transparency of our products, ETF Securities has reduced the fees charged on three of its products.

Recoverable expenses for ETFS Battery Tech & Lithium ETF (ASX Code: ACDC) have been cut from 0.13 percent to zero, while the management fee is unchanged at 0.69 percent.

Recoverable expenses for ETFS ROBO Global Robotics and Automation ETF (ASX Code: ROBO) have been cut from 0.13 percent to zero, while the management fee is unchanged at 0.69 percent.

The third fund, ETFS-NAM India Nifty 50 ETF (ASX Code: NDIA) - formerly ETFS Reliance India Nifty 50 ETF - has had its management fee cut from 0.85 percent to 0.69 percent and recoverable expenses have been cut from 0.15 percent to zero.

The NDIA name change reflects the updated name of distribution partner Nippon India AMC, which was formerly Reliance Nippon Asset Management.

ETF Securities Head of Product Evan Metcalf says the company undertook a review of management fees with the aim to simplify the structure into a single management fee number, offering investors increased transparency over the fees they pay on their investments.

“These changes also bring the three funds into line with the rest of the available investment range at ETF Securities, none of which routinely charge additional recoverable expenses on top of their management fees,” Metcalf says.

Each fund will continue to be managed according to their previously stated investment objectives and the structure of the funds is unchanged.

Investors do not need to take any action. Replacement Product Disclosure Statements for all three products can be found on the ETF Securities website.

  • ETFS-NAM India Nifty 50 ETF (ASX Code: NDIA) aims to provide investors with a return (before fees and expenses) that tracks the performance of the NSE Nifty50 Index.

  • ETFS ROBO Global Robotics and Automation ETF (ASX Code: ROBO) aims to provide investors with a returns (before fees and expenses) that tracks the performance of the ROBO Global Robotics and Automation Index.

  • ETFS Battery Tech & Lithium ETF (ASX Code: ACDC) aims to provide investors with a return (before fees and expenses) that tracks the performance of the Solactive Battery Value-Chain Index.