How ETFs became the tool of choice for young investors
Exchange-traded funds have become a global investment phenomenon. Their main selling points? Low fees and the recurring collective underperformance of active fund managers.
Young investors are using index funds to bet on market rallies and global trends. Simon Letch
The exchange-traded fund (ETF) market has boomed during COVID-19 as a new generation of investors uses index funds to bet on market rallies and global trends.
“In the past 12 months, the number of ETF investors in Australia has almost doubled to 1 million,” says Christian Obrist, head of iShares Australia. “We expect this uptake to accelerate.”
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Personal finance
Fetching latest articles