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ETFs are "old fashioned crap", good sex in a bear market, "don't f--- it up" & 2 stocks to own for 20 years | 2 Sense with Owen Rask & Drew Meredith

Australian Investors Podcast

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The Pros and Cons of ETFs

Peter Thornhill: I think there's a lack of opinions in finance. He says an ETF is just a managed fund behind the scenes, exactly. A listed investment company can hold on to profits that it makes and pay you franking credits with dividends later on if it wants to,. But anETF has to send that back to you. 'I do think that from the tax perspective, he is probably correct,' said Mr Thornhill. "There are certain times when I would use the listed investment company"

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