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What is this product called?

Discussion in 'General Investing Discussion' started by DavidMc, 8th Jun, 2018.

  1. DavidMc

    DavidMc New Member

    Joined:
    5th Jun, 2006
    Posts:
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    Location:
    St Kilda East, VIC
    A long time ago, an Adviser (whom I've since lost touch with) tell me about a share based investment product. I can't remember what it was.

    This particular product was offered from a company called BlackRock, and it was a way to do a 'low cost index fund' type strategy, with recurring installments, where you owned the shares directly (and could sell them on the Sharemarket), rather than owning units in a trust or something like that.

    They explained it was better as if something happened to fund you own the shares directly.

    Does anyone know what this is? (newbie here!)
     
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  2. Hodor

    Hodor Well-Known Member

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    17th Sep, 2016
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    Location:
    hodor
    Sounds like they are exchange traded funds (ETF). Specifically Blackrock iShares offerings, the broad index ones. IOZ is the ticker for the Australian market and i think IWLD for World ex Australia (check their website though).

    Vanguard is another company that offers similar.

    State street and betashares are some others.
     
    Last edited: 8th Jun, 2018
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