The Independent on Sunday - 'A direct route to tracking as stocks get back to their peaks'
Sunday 19th May '13
"Exchange-traded funds are sold on the stock market just like ordinary shares and in their simplest form they track the moves in a particular index, just like a tracker. However, unlike a tracker fund, ETFs don't come with an annual management fee and can be traded in the click of a mouse, almost instantly.
"ETFs are a highly democratic form of investment," Hector McNeil, chief executive officer of provider Boost ETP, said. "They are completely liquid – can be bought and sold with no difficulty – and all they cost to invest in is the trading fees imposed by the stockbroker."
Read the full article here.