Thanks InTheBlack08. Fine print is exactly my question. If STW is dissolved for whatever reason (e.g. State Street go bankrupt), owning $10,000 or even $50,000 worth of 200 individual stocks becomes a nightmare, because the brokerages of trading each of the 200 stocks will kill off stocks’ worth.
I have another question, besides STW and SFY, can we trade (or a better word, invest in) other ETFs on ASX? You mentioned Vanguard’s offers, are they traded on ASX? What’s code?
Thanks mate.
etfs, page-3
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Last
$71.59 |
Change
0.620(0.87%) |
Mkt cap ! $5.298B | |||
| Open | High | Low | Value | Volume |
| $71.36 | $71.73 | $71.36 | $39.18M | 551.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 0 | 3500 | $71.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.64 | 475 | 0 |
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