There are a number of ways investors can buy ETFs.
However, costs will vary depending on the channel used and the amount invested. Potential ETF buyers should take note of those before committing to cash.
As a listed security on the JSE, ETFs can be bought and sold through a stockbroker. Brokerage costs will apply and will depend on the stockbroker and the size of the investment.
Online brokers will cost less. Both Sanlam iTrade and Standard On-Line Share Trading say there’s brisk trading in ETFs.
Investors can also trade via an investment platform, such as etfSA.co.za, which is low-cost and offers facilities for debit order and lump sum clients.
ETFs can also be bought directly from the company running the ETF.
Some have investment plans to accommodate smaller investors but generally they’ll only transact in large orders.
- Finweek
However, costs will vary depending on the channel used and the amount invested. Potential ETF buyers should take note of those before committing to cash.
As a listed security on the JSE, ETFs can be bought and sold through a stockbroker. Brokerage costs will apply and will depend on the stockbroker and the size of the investment.
Online brokers will cost less. Both Sanlam iTrade and Standard On-Line Share Trading say there’s brisk trading in ETFs.
Investors can also trade via an investment platform, such as etfSA.co.za, which is low-cost and offers facilities for debit order and lump sum clients.
ETFs can also be bought directly from the company running the ETF.
Some have investment plans to accommodate smaller investors but generally they’ll only transact in large orders.
- Finweek