Top tips on how to grow wealth from small investments in ETFs – Dawn Ridler

In this BizNews Personal Finance podcast with Jackie Cameron, a Johannesburg investment specialist shares how Exchange Traded Funds (ETFs) are a useful vehicle to grow wealth. Dawn Ridler, of Kerenga Wealth Ecology, explains the key characteristics of ETFs, how they differ from collective investment schemes like unit trusts or mutual funds, and how they generate returns. Ridler shares tips on good starting points for investors who are new to the world of funds – and ETFs in particular.

Exchange Traded Funds (ETFs) have mushroomed across world markets as investors wise up to the idea that they can be attractive vehicles to build wealth. But, along with this proliferation, ETFs have mutated. While some are still excellent investment options, others are best left alone.

In this personal finance podcast, Dawn Ridler – a money expert in Johannesburg who has a refreshing approach to demystifying money challenges – explains what ETFs are and shares some pointers on how to assess ETFs with a view to deciding whether you should invest.

"An Exchange Traded Fund mimics or tracks an index. So for example the JSE Top 40 index. They track the major indices. Now there are thousands of them, tracking all sorts of things – some of them quite remote," Ridler points out.

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