{"id":8648,"date":"2022-02-11T15:50:54","date_gmt":"2022-02-11T15:50:54","guid":{"rendered":"https:\/\/www.piczasso.com\/?p=8648"},"modified":"2022-02-11T15:50:54","modified_gmt":"2022-02-11T15:50:54","slug":"a-foundation-on-etfs-in-singapore","status":"publish","type":"post","link":"https:\/\/www.piczasso.com\/a-foundation-on-etfs-in-singapore\/","title":{"rendered":"A foundation on ETFs in Singapore"},"content":{"rendered":"
Exchange-traded funds (ETF) is a fund that tracks an index, bonds, commodities, and a basket of assets like an index fund does. These types of securities trade on the stock exchanges just like individual stocks.<\/span><\/p>\n ETFs were introduced into the U.S market in 1993, with only 21 products listed. As of 31st March 2016, there were more than 2700 ETFs with about $3 trillion in total net asset value (NAV), according to the BlackRock report*. The sharp increase in number and size is partly due to their low-cost structure and tax-efficient nature compared with other mutual funds.<\/span><\/p>\n There are mainly four types of ETFs: the index ETF tracks mainly:<\/span><\/p>\n Equity indices<\/span><\/p>\n<\/li>\n Commodity\u00a0 index<\/span><\/p>\n<\/li>\n REIT indices<\/span><\/p>\n<\/li>\n Fixed income indices<\/span><\/p>\n<\/li>\n<\/ul>\n The SPDR STI ETF<\/span><\/p>\n<\/li>\n Nikko AM STI ETF<\/span><\/p>\n<\/li>\n<\/ul>\n
\nHistory:\u00a0<\/span><\/h2>\n
\nTypes of ETFs<\/span><\/h2>\n\n
\nAnd there are two active ETFs tracking the Straits Times Index:<\/span><\/p>\n\n