3. How to invest in ETFs?
You can buy and sell ETFs via the CommSec trading platform, or you can use the CommSec Pocket app which makes selecting funds easy.
In short
- Do research before action
- CommSec platform will give you greater control
- CommSec Pocket is easy to use and access, but less comprehensive
Research
Before investing in anything, it’s always important to do research. If you’re looking for a tool to help you choose an ETF, you can try the CommSec ETF Screener. Once logged in to the CommSec platform, click on “Quotes & Research”, followed by “Tools” and then “ETF Screener”. From here, you can browse ETFs by a number of categories.
Always read the product disclosure statement (PDS) and make sure you understand the potential risks. If you have any questions, contact your financial adviser. For a refresh on researching investments, visit the CommSec Learn page here.
CommSec Platform
The process of buying and selling ETFs is much the same as shares. Simply log in to your online trading account and place an order using the fund’s ticker, a unique code used to identify each security listed on the exchange. For a detailed guide on how to buy and sell, visit the CommSec Learn page here.
Trading via the platform will give you greater control and access to all the ETFs listed on the ASX. The drawback is that there’s a lot to choose from and you’ll need to conduct your own research to make sure your choice is the right one for you.
Start small with CommSec Pocket
CommSec Pocket is a great option to kick-start your investing journey. You can start with as little as $50, and gradually build a portfolio.
It offers themed options like tech, or the biggest 200 companies on the Aussie market. When you invest via CommSec Pocket, you’ll be buying units in an ETF.
Pocket is easy to use, you don’t need much to start. The drawback is that you’ll have less choice and ability to customise your strategy.
Click here to learn more about Pocket.
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Disclaimer
CommSec Learn is intended to provide general information of an educational nature only. The information has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice. You can view the product Terms and Conditions, Product Disclosure Statement, Best Execution Statement, Financial Services Guide and should consider them before making any decision about these products and services. Any securities or prices used in the examples given are for illustrative purposes only and should not be considered as a recommendation to buy, sell or hold. Past performance is not indicative of future performance. Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.