It is cheap

Finweek English Edition - - MONEY - Xchange- traded funds (ETFs) cheap. suc­cess is not guar­an­teed.

Eor in­dex-track­ing in­vest­ments are one of the fastest- grow­ing in­stru­ments in the world. Their pri­mary at­trac­tion is that they cut out the fund man­ager and there­fore they are They are a great way to ob­tain mar­ket- re­lated re­turns at a low cost.

As with al­most all new in­vest­ments, they may sound like the Holy Grail, but as t heir avail­abilit y ex­panded, t he op­tions have be­come stag­ger­ing and

Not all ex­change-traded funds are cre­ated equal. Some are more suc­cess­ful in pro­vid­ing the mar­ket re­turn and there are risks in­volved. In South Africa, the first of these funds were launched at a very op­por­tune time and their past re­turns look at­trac­tive.

Just be­cause a prod­uct is cheap does not nec­es­sar­ily mean that it will meet your needs. Your needs may be more com­plex and will there­fore need a more com­plex strat­egy, es­pe­cially once you start draw­ing from your cap­i­tal.

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