ETF

Exchange Traded Funds (ETFs) have become as ubiquitous to investor portfolios, including retirement accounts, as their cousins in the mainstay mutual fund universe.  Yet, few are apprised of the differences between these two asset classes.  ETFs often have lower costs, are more tax efficient, and can be shorted (much to the delight of Mr. Chanos), while mutual funds may offer greater investor protections under the Investment Company Act of 1940.

From Financial Standard:

From Financial Standard and iShares Boardroom Lunch today:

From Financial Standard:

Specialist ETF provider BetaShares has named Dr Tony Rumble in the newly created position of head of portfolio construction.

From Financial Standard:

From CNN: (By Joshua Morgan Brown)

Pimco is launching an ETF to track the biggest mutual fund, its Total Return Fund. Will this portend the end for mutual funds? We looked into the future to find out, and this 2022 story tells it all.

Westfield Group (ASX: WDC) is Diversified Real Estate Business a with a market capitalisation of $19.19 billion and the main focus is on expanding its portfolio, primarily through the development of regional and super-regional centres.

A railway connecting Guangzhou and Shenzen opened last week and will have bullet trains flying at 300 kmph.

The new bullet train was unveiled in Shandong province by state-owned train maker CSR Corporation Limited.