So you think the world’s investment outlook is looking volatile and you want to get into gold?
Well, you can by shares in a gold miner, or you can actually g... Read More...
ARE THEY THE SAME AS MANAGED FUNDS?
ETFs and LICs are collective investment vehicles that pool together investors funds, and that you can buy and sell on the stock market.
Of course, these entities employ managers and this involves additional costs to investors (compared with investing directly in the underlying companies).
So these investments are a sort of half-way house between direct investment and traditional managed funds.