According to Atkinson, growth will improve with the advent of the actively managed ETF, and along with the offering of commission-free trades. The commission-free trade will also boost the retirement industry, a boon for investors that make regular contributions to their retirement plans. [ETF Spotlight: Australia]
The commission-free ETF trade is a reality in the U.S., with many providers offering free trades for in-house brokerage accounts. Furthermore, lower fees for ETFs across the board should also catch on in Australia.
There are currently 69 ETFs trading in Australia, with ETF Securities planning to launch 10 new funds this week.
Tisha Guerrero contributed to this article.
