MGE, VEQ and HACK

After reading your article on ETFs I’m a little worried about mine!

What is your view on:
MGE
VEQ
HACK

Regards

 

A: Thanks for the question.

I have no concerns about MGE (Magellan Global Equities) or VEQ (Vanguard’s FTSE Europe Shares ETF).

I would have a couple of weak concerns about HACK, simply because it is a small ETF (circa $26m in Australia) and it tracks a pretty volatile index (Nasdaq Consumer Technology Association Cybersecurity Index). For that reason, I would only invest on a moderate basis in HACK.

Regards


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