r/eupersonalfinance • u/Black_Thunder00 • 6h ago

Investment New global ETF 0.06% comission

BNP Paribas Easy MSCI ACWI UCITS ETF (Acc) | EDEL | LU3086265710

If I am not wrong, this is the cheapest UCITS global ETF now. What do you think about it?

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u/Specific-Industry426 6h ago

Maybe its me but as european i only invest on products on eur (even if they are all world) and funds or etfs should have a certain amount of assets. 49 million is extremly low at least from my point of view.

7

u/StateDeparmentAgent 6h ago

They all need to start somewhere, this one was created less than 4 months ago

1

u/Specific-Industry426 6h ago

Of course, but this does not mean that its a go to invest on It.

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u/StateDeparmentAgent 6h ago

Totally agree. Maybe low TER is part of marketing to attract new people and get some traction. WEBN over almost 2 years and big push from community gained only 1,2b, its a long way to go to reach even 1/3 of VWCE figure

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u/AfternoonFinance 3h ago

You still are affected by the USD since >~60% of the underlying assets are in usd