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According to chief market strategist at CMC Markets and host of The Artful Trader podcast Michael McCarthy, there are certain investor personality traits that seem to predict success in the share market.

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In this episode of the nestegg Podcast, Michael joins host Grace Ormsby to outline exactly what these characteristics are, the difference between high-risk and low-risk appetites, and how investors can apply different strategies depending on their own personality type.

Michael also explains how fear can be both helpful and a hindrance for confident decision-making, why failure is a crucial process for investors seeking growth, and where budding investors can begin educating themselves about the markets.

Thanks Matthew, for sharing your insights with the nestegg podcast team!

You can keep up to date with what CMC Markets are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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‘Game changer’ ETF launches

By Lucy Dean & Jessica Yun · April 09 2018

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Invest

‘Game changer’ ETF launches

By Lucy Dean & Jessica Yun
April 09 2018

Reading:

‘Game changer’ ETF launches

By Lucy Dean & Jessica Yun · April 09 2018

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An Australian ETF manager has announced the world’s lowest cost Australian ETF, but there’s more to ETFs than just costs, another investment manager has said.

BetaShares announced on Friday that it would launch an Aussies shares ETF, A200, with a 0.07 per cent per annum management fee.

It will grant investors exposure to 200 of the largest companies on the ASX and will be BetaShares’ 45th fund available on the exchange.

“A200 is a game-changer for the Australian wealth management industry, significantly reducing the cost of investing in a diversified portfolio of Australian shares,” said BetaShares chief executive Alex Vynokur.

“BetaShares is a business that was born and bred in Australia. We remain focused on the development and growth of the local ETF market, helping Australians build robust, diversified and cost-effective investment portfolios.”

However, while Vanguard Investments Australia head of corporate affairs Robin Bowerman welcomed the news of cheaper ETFs, he reminded investors that there’s more to ETFs than management fees.

As he told Nest Egg’s sister publication, Investor Daily: “Cost is perhaps one of the more straightforward ways to compare ETFs. However, there are some cost implications specific to ETFs that need to be considered.

“Investors should consider a number of factors when evaluating index and ETF products, including tracking, pre- and post-tax returns, and benchmark composition.”

Mr Bowerman explained that the cost of buying and selling ETFs goes further than the headline management expense ratio (MER), noting that those who buy ETFs incur bid/ask spread. That’s the difference between the market price to buy the ETF and the selling price.

“The bid/ask spread is highly dependent on the liquidity in the market, the breadth of the underlying index, and on the daily happenings in the marketplace on any given day, hour or minute,” he said.

“There may also be brokerage commissions associated with buying or selling the ETF, as with any stock.

“Tracking error – the difference between the gross return of the index and the ETF net return after fees – is another comparison investors can make when assessing one product over another.”