What is an Exchange Traded Fund?
Exchange Traded Funds (ETFs) are investment funds that trade much like shares. An ETF can hold assets such as shares, bonds or commodities. An example is an ‘index fund’ that aims to ‘track’ an index through holding shares in the same proportion as the shares in the index.
An Exchange Traded Fund’s (ETFs) value is based on the Net Asset Value (NAV) of the underlying assets that it represents. The NAV is the total value of the assets (securities, cash and accrued earnings) held in a fund minus any liabilities, divided by the number of units of the fund on issue outstanding.
No, but we recommend you do become one. It's free to join and it may make things easier for you as we can keep you informed about the latest share offers and market news.
ASB's online security policy is to take every practical step possible to keep your accounts secure. Like our other services, ...
Effective from 1 May 2017 ASB Securities has discontinued offering the option to participate in Foreign Dividend Reinvestment Plans (DRP) ...
CHESS is a computerised share sub-register system operated by the Australian Stock Exchange (ASX), used to manage share ownership and ...
That depends on whether or not you are an existing ASB customer and what type of account you would like; ...