How to Start Investing in ETFs: Beginner’s Guide
What Are Exchange Traded Funds (ETFs)?
Exchange Traded Funds (ETFs) are investment funds that hold a pool of assets such as shares, fixed interest investments, and commodities. They trade on stock exchanges like the Australian Securities Exchange (ASX), Cboe Australia, or international exchanges like the New York Stock Exchange and NASDAQ, similar to individual stocks.
ETFs have grown dramatically in popularity, with over 200 ETFs now trading on the ASX alone, covering everything from Australian equities to global markets and specialized sectors.
Key Characteristics of ETFs
- Trade on exchanges during market hours, offering intraday liquidity that traditional managed funds cannot match
- Provide exposure to a basket of securities…
