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8 June 2017 (AFR) – Stockspot survey highlights the hidden dangers of some passive funds

(8 June 2017, AFR, p28, by Myriam Robin)

‘Investors who put their money in small exchange traded funds that lack sufficient market liquidity could receive less than market value when they want to sell, according to Chris Brycki, the CEO of roboadviser Stockspot. Stockspot this week released its third annual survey of the Australian passive universe, rating the 155 passive funds traded on the ASX on a variety of factors. Of the 155, only 36 earned four or five stars out of five, with 37 achieving no stars or only one.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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