What is an ETF?

ETFs give you the best of both worlds

 Like managed funds, ETFs are a basket of stocks, bonds or other assets, but overall there’s lots of key differences. ETFs combine certain key features of stocks and managed funds.

• ETFs are more diverse than investing in individual stocks. Instead of buying a handful of individual stocks, investing in an ETF would give you instant exposure to a multitude of stocks.

• Unlike a managed fund, an ETF does not aim to beat the index, but to match its performance, giving you potentially more predictable returns.

• Managed fund managers often charge you more to pick investments to outperform an index or benchmark, but since ETFs generally track the index, it is usually lower cost compared to a managed fund.

• ETFs give you flexibility in allowing you to enter and exit at any time.

 




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