Share
5,172 Posts.
lightbulb Created with Sketch. 163
clock Created with Sketch.
19/03/20
13:43
Share
Originally posted by cutty:
↑
Hey Pom, Put simply, ETFs are index tracking funds. Most people usually refer to index funds, when talking about the unlisted traditional managed fund version. Whereas, ETFs, as their name suggests, trade on the exchange. They both are passive, index tracking vehicles. Magellan funds are definitely not index trackers. Quite the opposite. You would be very annoyed if you were paying the fees Magellan charge if they were simply replicating the index. MHH is an active closed fund. It is essentially the polar opposite of an ETF in both its investment mandate and the structure of the fund.
Expand
Wonderful response. Thanks very much. I note that there are articles in the fin review (i think there was one by Elio D'Mato) saying how bad they are. However, good old Warren B loves these ...