Thursday, 20 April 2017

What are ETF’s?


“What are ETF’s?”

Similar to mutual funds, ETF’s (and their siblings, including ETN’s and UIT’s) are baskets of underlying securities. The underlying securities may be stocks, bonds or various other asset types. ETF’s are formed, marketed and managed by investment management firms. A few of the major ETF management firms include BlackRock, State Street and Vanguard.


 “Why should I use ETF’s versus other investment vehicles, such as mutual funds or individual securities?”

Similar to mutual funds, ETF’s provide an immediate reduction in “issuer risk”, i.e. the risk of default or failure by a single security issuer. Also similar to mutual funds, ETF’s reduce trading complexity and cost, as they alleviate need for an investor to buy and sell the individual securities underlying the ETF.

Unlike mutual funds, ETF’s trade like stocks on open exchanges. ETF purchases and sales can be executed in real time, just like stocks, whereas mutual fund purchases and redemptions are executed with the fund manager after market close, once end of day value of the mutual fund unit shares have been computed. Opportunity to buy and sell securities Most notably, ETF intraday prices can occasionally be volatile. Such volatility could lead an investor to trade on intraday price fluctuations, either intentionally or unintentionally through the use of limit orders. Mutual fund investors lack the ability to make such intraday trades. For unsophisticated investors, this restriction could be seen as a benefit.

Trading costs and management fees are typically lower for ETF’s than for mutual funds. ETF’s often provide tax treatment benefit to investors versus mutual funds.


“Why do I need recommendations from etftopportfolios.com?”

Investors have hundreds of ETF’s from which to choose. ETF choices span asset classes, industries and geographies. Each ETF vendor promotes its products, and will find statistics to entice investors to purchase its products versus its competitors’ products. Investment media companies publish hundreds of articles recommending products and approaches, frequently providing conflicting guidance. Furthermore, ETF vendors are some of the media companies’ biggest advertising clients, creating inherent conflicts of interest. The result is guidance which is overwhelming in volume, often contradictory, and with questionable objectivity.


Our service was built from the ground up to cut through this noise, and to objectively identify the best portfolio of ETF’s based solely on historical performance. While this approach in no way guarantees future performance, you can rest assured it is based on sound methodology and data, and free of subjectivity or bias. All portfolios are developed solely based on historical data and completely automated, AI-based algorithms.