Most ETFs are passive funds, aiming to track an index, or taking a rules-based approach, enabling them to charge significantly lower fees than most unlisted funds, and LICs, which typically employ an active approach.
Recent years have seen particularly strong growth in ETFs. In the three years from September 2017 to September 2020, assets under management in ETFs increased from $32 billion to $71.1 billion, growth of 122%.
With market observers predicting that by 2022 FUM will reach $100 billion, and ETFs now traded on virtually every major asset class, commodity and currency in the world, they provide investment advisers with convenient and cost-effective access to all asset classes and sectors.
FREE for members and accredited for CPD, these three upcoming virtual workshops will provide practical strategies you can apply to your client’s portfolio.