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Exchange-traded funds growing in popularity

Posted on 29 April 2013

Sweeping changes to financial advice rules, including the banning of commissions, will fuel Australia’s ETF sector, which grew 30 per cent last year to $6.5 billion and is forecast to grow to $17 billion over the next three years.
ETFs - which are traded on the stock exchange and are designed to track a particular share index, commodity or other type of asset - have only been available in Australia for 12 years. From just one ETF in 2001 that tracked the ASX 200 index, there are now more than 90 of them investing across shares, property, cash, bonds and commodities such as gold………………………………………..Full Article: Source


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