Exchange Traded Funds (ETFs)
What are some of the key features of an Exchange Traded Fund (ETF)?
- ETFs allow diversification of portfolio through a single investment.
- ETFs generally looks to replicate the returns of a specific index/benchmark.
- Each ETF is allocated an ASX code and lists on the Australian Securities Exchange as one entity.
- ETFs have continuous pricing, and are traded and settled like ordinary shares.
- No minimum investment requirements