Funds & Others
Exchange Traded Funds
ETFs are open-ended investment funds that are designed to track specific indices of fixed baskets of stocks -
domestic and international, broad market and sectoral - and to provide access to a wide range of asset classes, markets and sectors.
Like unit trusts, ETFs invest in a portfolio of stocks.
However, they are bought and sold on an exchange instead of being transacted through a fund manager and its selected distributors.
This allows you as an investor, to buy and sell ETFs at known prices throughout the trading day.
Where investors pay front-end and/or back-end charges for unit trusts, brokerage commissions are applicable for the trading of ETFs,
as is the case for shares.
