Unlike mutual funds one of the features of the ETFs i.e exhange traded funds is that like individual stocks they conveniently trade almost anytime during the day. Whereas mutual funds require you to buy and sell your shares at their net asset value at the end of the day.
Click here to view which is best for you: ETFs vs Mutual Funds.
I can hear you saying, “But I already have a managed fund account!” well, ETF’s can often serve an effective complimentary role within your portfolio.
ETFs are typically managed passively therefore, you won’t have the money and time expense incurred by a fund management team, minimum investment amounts or sales loads.
A broker is optional to order and manage your ETF account and sincethere are no investment you’re free to as few shares as you want.
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