They're similar—but they're different in some very key ways. Will help you compare.
KEY TAKEAWAYS Both mutual funds and ETFs hold portfolios of stocks and/or bonds and occasionally something more exotic, such as precious metals or commodities. Both can track indexes as well, however ETFs tend to be more cost effective and more liquid as they trade on exchanges like shares of stock. Mutual funds can provide some benefits such as active management and greater regulatory oversight, but only allow transactions once per day and tend to have higher costs.
That all depends on your goals and the type of investor you are. Get in touch with us to discuss more and to choose the one suiting your Investment objective
Cheers'
Sreekanth Pillai
0503963193
#finplanuae #finplanuaebysreekanth #financialplanning #etf's #mutualfunds #savings #investments #growyourmoney
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