Money Hacks: ETFs and unit trusts, what are the differences and misconceptions? (Ep 79)
9:23 min
Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.
This episode tackles the importance of knowing the pros and cons of ETFs and unit trusts.
Chris Lim hosts Gregory Van, chief executive and founding partner of Endowus, the only digital investment adviser that now has a CPF investment option.
They discuss the following points:
1. What are ETFs and unit trusts and are there big differences between them? (0:45)
2. Are unit trusts and mutual funds the same product? (2:32)
3. Why are ETFs essentially a wrapper for products like funds, Reits or bonds, so they can be traded on exchanges? How does that impact the net asset value? (3:15)
4. Unit trusts are more convenient for investors who do not need intra-day liquidity (4:55)
5. What are the differences between ETFs on SGX as compared with the US or the UK? (5:40)
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
Follow more Money Hacks podcasts and rate us on:
Feedback to: podcast@sph.com.sg
Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.
Thank you for your support! ST & BT Podcasts picked up a silver medal for Best Digital Project to engage younger and/or millennial audiences at 2019 Asian Digital Media Awards by Wan-Ifra: https://str.sg/Jw5T
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services