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All about ETFs / Foreign Brokers, Exchange traded funds
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PathofLife
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Oct 28 2020, 08:52 AM
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Getting Started

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To all senior here, need your kind advice on below investment. ETF from bursa Malaysia https://www.bursamalaysia.com/trade/our_pro...ge_traded_fundsWanted to ask if i buy ETF from bursa do i own the stocks directly to the company or just own a part of Bursa portfolio. And is it advised to buy from Bursa or there are better alternative? I am aiming a long term maybe 15 years. Thanks in advance.
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PathofLife
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Oct 28 2020, 09:08 AM
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Getting Started

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QUOTE(Yggdrasil @ Oct 28 2020, 09:05 AM) Look at their prospectus and financial report to see. Usually you're sort of an indirect owner of the companies in ETFs you buy (Malaysia or overseas). The ETF is like a management company that holds the stocks. You can see their holdings in the report. Just like REITs, you are part "owners" of the properties but it's kinda indirectly. IMO, ETFs in Malaysia have terrible liquidity, spread and high management fees. Best is to look elsewhere. Thanks for the kind advice. Regarding to the Malaysia ETF is bad do you mean that. KLSE ETF or Dow Jones ETF, as both is listed on Bursa? Or what you recommend is dont buy any ETF from bursa whether is domestic or non-domestic?
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PathofLife
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Oct 28 2020, 09:17 AM
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Getting Started

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QUOTE(Yggdrasil @ Oct 28 2020, 09:14 AM) I mean better don't buy those on Bursa because of the way it's structured. ETF management fees here are much higher and the ETFs are not liquid. Only benefit is you don't have to convert to foreign currency to buy. Oh i see, thanks for the clarification and advise. Stay blessed.
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