ETFs, LICs and Unlisted Managed Funds – What’s the difference?
Exchange traded funds (ETFs), listed investment companies (LICs) and unlisted funds are all managed investment vehicles with some similarities. However, it’s important to understand the differences between them to enable you to make an investment decision that suits your specific needs, goals and risk tolerance level.
In this eBook, we will explain the key differences between ETFs, LICs and unlisted funds. We will also provide answers to FAQs and outline the pros and cons of each investment option.
In this eBook you will discover:
- What is an exchange traded fund (ETF)?
- The pros and cons of ETFs
- LIC FAQs
- What is an unlisted managed fund?
- The bottom line