Mutual Funds (similar structure in Singapore: Unit Trusts)
basket of different single securities with a defined investing approach/strategy, often actively mangaged (= stock picking which evidence shows works poorly or not, high portfolio turnover), price fixed only once a day, often high costs and on average underperforming something to avoid
A Mutual Fund could however also track a stock market index, then it probably would be much cheaper because passive management, still only one price fixing a day.
ETF = exchange traded funds:
basket of single equities, often (but not always) managed passively tracking an index, often (but not always) cheap, price fixing continously through the market open times.
one of the best inventions for retail investors ever !
what also to avoid, here:
https://seedly.sg/questions/what-is-your-genera...
what
Mutual Funds (similar structure in Singapore: Unit Trusts)
basket of different single securities with a defined investing approach/strategy, often actively mangaged (= stock picking which evidence shows works poorly or not, high portfolio turnover), price fixed only once a day, often high costs and on average underperforming something to avoid
A Mutual Fund could however also track a stock market index, then it probably would be much cheaper because passive management, still only one price fixing a day.
ETF = exchange traded funds:
basket of single equities, often (but not always) managed passively tracking an index, often (but not always) cheap, price fixing continously through the market open times.
one of the best inventions for retail investors ever !
what also to avoid, here:
https://seedly.sg/questions/what-is-your-genera...
what