Friends With Money #10: How ETFs have revolutionised the way young Aussies invest
This year marks the 20th anniversary of the exchange traded fund (ETF) market in Australia and coincides with a period of incredible growth for these investments over recent years.
Going back two decades, who would have thought that a tradable basket of securities would become one of the most innovative and sought-after products for Australian investors?
Many financial advisers now recommend ETFs to their clients as part of a balanced portfolio strategy, and individual investors can gain cost-effective exposure to a broad range of asset classes that include shares, fixed interest, property and global currencies, to name just a few.
Younger investors are also embracing thematic ETFs, from technology to ESG.
In this episode of the Friends With Money podcast, journalist David Thornton is joined by Meaghan Victor, the head of SPDR ETFs for Asia Pacific at State Street Global Advisors, to discuss the rising popularity of ETFs, their future in the Australian investment landscape, and what sets them apart.
The Friends With Money podcast is also available on Apple Podcasts, the Google Play store, Spotify and all major podcast platforms.
Get stories like this in our newsletters.