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Exchange-Traded Fund (ETF) Explanation With Pros and Cons
By Salary.sg - Your Salary in Singapore  •  March 27, 2024
Exchange Traded Funds (ETFs) are becoming increasingly popular among investors looking for a diversified and cost-effective way to invest in the financial markets. Buying an ETF in Singapore provides a convenient way to access a variety of asset classes including equities, bonds and commodities through a single investment vehicle. In this guide, we will explain what ETFs are, their pros and cons, and how to invest in ETFs in Singapore. What are ETFs? ETFs are investment funds that are traded on stock exchanges, similar to individual stocks. They hold a variety of assets such as stocks, bonds, or commodities and generally operate with a strategy that is designed to keep its market price close to its net asset value, although differences in prices can occasionally occur. ETFs are typically designed to track the performance of specific indexes, such as the Straits Times Index (STI) in Singapore, offering broader exposure to a wide range of stocks and companies within the index....
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By Salary.sg - Your Salary in Singapore
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