SELF - SelfWealth SMSF Leaders ETF

[divs4ever]

Total Holdings 67

Top 10 Holdings

CODE	COMPANY	ASSET
S32	South32 Ltd	1.72%
CGF	Challenger Ltd	1.71%
WPL	Woodside Petroleum Ltd	1.71%
NST	Northern Star Resources Ltd	1.70%
EDV	Endeavour Group Ltd Ordinary Shares	1.68%

CODE	COMPANY	ASSET
IFL	Insignia Financial Ltd	1.68%
COH	Cochlear Ltd	1.66%
BLD	Boral Ltd	1.65%
WBC	Westpac Banking Corp	1.64%
COL	Coles Group Ltd	1.64%

Management Cost 0.88%

pays quarterly

i just spotted this ( hours ago ) and i am NOT urging you to buy this , however novices might find the shares held inside the portfolio interesting places to research further ( i hold several of those stocks directly )

DYOR

 

[Belli]

This ETF is a partnership between etfsecurities and SelfWealth.

Looking at the methodology for constructing the index caused me to raise my eyebrows slightly.

"Constructed using the top performing SMSF portfolios from a pool of over 80,000."

SelfWealth SMSF Leaders ETF — A World-First ETF Tradeable on the ASX

The SelfWealth SMSF Leaders ETF is an innovative world-first, combining the data of over 80,000 SMSF portfolios to hold the best stocks of top 200 companies in the ASX while avoiding the worst. Backed by $100m in seed funding by ETFS Capital in October 2019. Buy the SelfWealth ETF for free with...

etf.selfwealth.com.au

It'd only be those with SelfWealth as there are many other SMSF to which it does not have access (mine for a start). Probably a reasonable sample size but to have an ETF based on what SMSF Trustees may or may not do seems rather iffy to me.

 

[peter2]

Totally illiquid. Performance is worse than an index ETF. Pass forever.

 

[divs4ever]

i see it as an alternate database of likely places to research for investing beginner's

i hold several shares listed in that top 10 and only IFL , might possibly added to ( with new money ) and IFL will be 'averaged down' ( should the opportunity arrive )

obviously the BHP demerger will boost my WPL holding , considerably

now one might ponder if this is an ETF designed for the long-term investor ( similar to the classic LICs such as ARG , AFI , AUI , WHF etc etc )

most ETFs seem to be aimed at frequent traders

are long-term investors ready for such an ETF ?? ( so liquidity might be a problem for some ) as this might not be traded much leaving a heavy reliance on the market-makers

 

[Dona Ferentes]

Totally illiquid. Performance is worse than an index ETF. Pass forever.

these things always come unstuck. Sell a Dixon's product to Dixon clients and where are the other buyers? Are there any? Who do you sell to?

And fees? Yes, sir, I'm sure there are a few.

 

[Belli]

And fees? Yes, sir, I'm sure there are a few.

Sure are. 0.88%

But it is a world first.

"The SelfWealth SMSF Leaders Index construction method is a world first and utilises SelfWealth’s proprietary ranking system to rank over 80,000 portfolios as provided by BGL, Australia’s largest SMSF software administration platform."

I assume those SMSF's know and agree their data would be used in such a manner.

 

[Belli]

i see it as an alternate database of likely places to research for investing beginner's

That is a load of tosh.

May as well say as VAS holds South32, VAS is an "alternative place for research for investing beginners."

 

[divs4ever]

That is a load of tosh.

May as well say as VAS holds South32, VAS is an "alternative place for research for investing beginners."

VAS currently holds 312 stocks

TOP 10 holdings

CODE	COMPANY	ASSET
BHP	BHP Group Ltd	11.01%
CBA	Commonwealth Bank of Australia	7.43%
CSL	CSL Ltd	5.80%
NAB	National Australia Bank Ltd	4.43%
WBC	Westpac Banking Corp	3.72%

CODE	COMPANY	ASSET
ANZ	Australia and New Zealand Banking Group Ltd	3.42%
MQG	Macquarie Group Ltd	2.98%
WES	Wesfarmers Ltd	2.55%
TLS	Telstra Corp Ltd	2.19%
RIO	Rio Tinto Ltd	2.04%

you could do that , but MIGHT miss out on a gem or two after your eyes glaze over after researching 150 plus stocks

stocks like BLD , CGF , and IFL might be interesting to a novice investor with long term goals COH over CSL might appeal to some also ( i hold neither stock )

and the other bonus might be the novice is made aware of stocks outside of the current 'market darling ' status ( and study stocks that have endured recent headwinds , to see if they can recover )

PS i hold VAS ( currently , but am looking to sell at a price )

 

[Belli]

Post #8 is a:

 

[divs4ever]

LOL , that is still fairly good for a derailment ( everything is parked right-side up )

much like BLD after SVW took a majority stake in it , is BLD a slow-motion take over target , or will SVW change enough at BLD to make it a profitable subsidiary investment , and maybe even a cross-holding investment in the future ( ala SOL and BKW )


( i hold SVW )

 

[So_Cynical]

Dividend yield is about 5.5% i like the idea of this ETF, like that its equal weight as well cos they will sell down winners at rebalance and pocket profit, average down into losers if they stay in the portfolio.

 

[divs4ever]

Dividend yield is about 5.5% i like the idea of this ETF, like that its equal weight as well cos they will sell down winners at rebalance and pocket profit, average down into losers if they stay in the portfolio.

yes equal-weight does have it's logic , when done properly but i suspect if done too often ( say monthly ) it becomes cost-ineffective

MVW for example rebalances two-monthly

the probable good part to this strategy/ETF it is small enough to follow the mandate without shifting the market adversely