What are the key features of an Active ETF or Exchanged Quoted Managed Fund (EQMF)?
- Active ETFs have continuous pricing, and are traded and settled like ordinary shares.
- Active ETFs are an actively managed fund where the managers aim to outperform relevant benchmarks.
- There is flexibility to be traded throughout the day.
- It is a net asset value (NAV) based trading
- Active ETFs are tax efficient, as the funds do not draw capital gains.