SECP holds awareness seminar on ETFs
Commissioner says a number of excellent theme-based ETFs are in pipeline ISLAMABAD:
Exchange Traded Funds (ETFs) are popular internationally and global market size of ETFs is around $7 trillion - which represents more than 20% of the Global Equity AUMs, said Securities and Exchange Commission of Pakistan (SECP) Commissioner Farrukh Sabzwari.
Speaking at a seminar organised by SECP to increase awareness regarding ETFs, a new investment product, launched recently in Pakistan’s capital market, Sabzwari highlighted that the diversified and low-cost ETFs promise exciting space for investors.
Furthermore, the commissioner revealed that a number of excellent theme-based ETFs were in the pipeline.
William Blake, the 18
th century, English poet, and painter, as a young fourteen-year-old did something rather strange for his time. His father had planned to make him serve as an apprentice to a famous engraver, William Ryland who was required to train and develop his talents. Blake junior refused, telling his father that; “I don’t like the man’s face, he looks like he will live to be hanged”. Ryland was famous and well respected at the time and Blake junior’s outburst was incredibly irrational for his time. His father unusually indulged him and sent him off to learn under James Basire a less known engraver. Ryland eventually committed forgery and was hanged. Blakes irrationality earned him legendary status for this outcome. As with Blake, irrationality sometimes leads to interesting outcomes.
Chart your own path, says motivational speaker jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Investing in exchange-traded funds
Karachi
December 13, 2020
If you are someone who is new to investing or has little to no knowledge of the stock market, then you need an investment instrument which is in line with your risk and return objectives.
If you don’t have time to research, understand stocks, identify particular scrips, keep track of dividends or coupons and capital gains, then Exchange-Traded Funds (ETFs) are the right instrument of investment for you.
At the same time, if you want to save money by not investing in each and every stock individually or avoid paying higher management fee (as in mutual funds), then ETF is indeed the way forward for you.