Between ETFs and mutual funds, which would you recommend for a new beginner investor?

Every investor will have his/her own investment objectives and risk appetite. However, you can consider the 3 key differences between ETFs and unit trusts before making your investment:

1. ETFs are open-ended investment funds listed and traded on the stock exchanges, while unit trusts can typically only be purchased through distributors or other platforms.

2. Most ETFs seek to track or replicate the performance of an index. On the other hand, unit trusts are typically actively managed, where the fund manager may either outperform or underperform the index instead of just replicating its performance.

3. ETFs generally charge lower management fees, thus lowering costs for investors.

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Good luck in your investment journey! :)

ISAC seems a natural choice.

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Mutual Funds / Unit Trust nowadays in times of passive ETFs are discouraged. They have up to 10-30x higher annual fees than ETFs that will kill your longterm performance.

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Avoid some other things (even the technology investing I describe there):

https://seedly.sg/posts/what-is-your-general-in...

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disclaimer: I own 1-2 expensive special sector mutual funds, which could also be an investing mistake.