Original article by Glenda Korporaal
The Australian – Page: 19 : 12-Jul-18
ETF Securities founder Graham Tuckwell is upbeat about the outlook for Australia’s exchange-traded fund market, which he expects to grow significantly in the next five years. Tuckwell says Australians have been slow to embrace ETFs while financial advisers have instead favoured actively managed funds, as they receive a commission for recommending such products to clients. He adds that active fund managers often underperform the market after their fees are taken into account.
ETF SECURITIES LIMITED