What's the difference between Lion Global US 500 or Global Stock Index Fund vs SP500 ETF or world ETF like IWDA etc?

LG Infinity US500/Global Stock Index Fund and S&P500/World ETF track similar indices and therefore similar performance curves, but there are differences between unit trust and ETF.

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Unit Trust:

• Available from distributors
• Unit trust TER tends to be higher
• Unit trust price is based on single NAV price
• Can own fractional units of unit trust

ETF:

• Traded on stock exchanges
• In addition to TER, ETFs have additional brokerage fees (commissions, custody fees, dividend handling fees, etc.)
• ETF price is subject to supply and demand market forces
• Usually have to own one full lot size of ETFs (unless the brokerage supports fractional shares)

Both trying to copy 99% of the index holding, return are almost similar, but Infinity is a fund not etf, so abit higher expense ratio~

You can trade etf freely in the market, but for infinity if i’m not wrong, you can only do it thru subscription base