What are some key features of exchange-traded funds?
- Submitted by 1 year ago
1
Answer
862
Nicholas Hamilton
Answered 1 year ago
- An ETF is a collection of securities that can include shares, bonds, commodities, and currencies
- ETFs might include Australian or international assets
- You can buy and sell units in an ETF the same way you purchase shares through a stockbroker or via an online share trading platform.
- You usually purchase units in an ETF, not its underlying investments
- The unit price of an ETF fluctuates during the day as it’s bought and sold on an exchange
- ETFs often have low management expense ratios (MERs) or fees
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