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Back to Basics Of Investing

She's On The Money

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The Difference Between an ETF and a Managed Fund

A managed fund is an alternative to individual shares or anETF. It's an investment fund that is managed by a fund manager. Unlike an ETF, managed funds don't usually trade on the share market. In Australia, the market opens at 10 a.m. And it closes at 4 p.m. But we trade between 10 and 4 every single day - which means you can get a live price.

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