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Exchange-traded fund an internation passport to global treasure

Posted on 31 July 2014

There was a time when you effectively needed a financial passport to invest in overseas share markets. You had to find a broker who dealt in offshore markets or had a relationship with a foreign broker, research offshore companies and even arrange currency transfers. Now it is as simple as buying an exchange-traded fund that is listed on the Australian market.
There are still some odd wrinkles — you shouldn’t expect much in the way of dividends and what does come through will usually have some withholding tax deducted………………………………………..Full Article: Source


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