How ETFs actually work: Capital growth, dividends & risk explained [2/5]

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Australian Finance Podcast 35 min 2 speakers 7 chapters transcribed 4 months ago
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What are the basics of ETFs and how do they work?

Owen Rask 0:00
Welcome to episode two of our mini series on ETF investing, where we cover everything you need to know about ETFs, exchange traded funds, and how to invest in them to build wealth, maybe pay you some passive income, and generally just make you feel confident about building wealth, no matter what style of investor you are. This is episode two, and we're actually diving deep into exactly how they work. There are so many myths and misunderstandings of how ETFs actually come together. I almost think of them as self-healing, and I'm going to explain what I mean by that in just a moment. Some people have said there's a bubble going on in ETFs. Is there? Well, this episode will help you kind of break apart those myths and actually understand why it actually can be safe to use ETFs to build wealth over the long term.
Owen Rask 0:47
As always, I'm joined by Gemma Mitchell here in the studio, and I'm excited to get into it. Hi, I'm Owen, the host of the Australian Finance Podcast. This podcast is proudly sponsored by BetaShares, one of the leading providers of ETFs here in Australia. Serving thousands of financial advisors and over 1 million investors, BetaShares manages tens of billions of dollars on behalf of investors right across the country. I'm proud to partner with BetaShares on the Australian Finance Podcast, Australia's premier financial podcast, because there is great alignment in the long-term philosophy shared by both businesses. I hope you enjoyed this episode of the Australian Finance Podcast. This podcast is proudly brought to you by Perla, the official brokerage platform of Rask.
Owen Rask 1:31
With Perla, you can effortlessly automate your money, whether you're investing in ETFs or shares from Australia or the US stock market, whether you're a grandparent or setting up a kid's account or your own account. You can do all of that with full automation on Perla.com. If you want to learn more, head to Perla.com slash Rask. And of course, before you invest in anything, be sure to read the legal documents like the PDS and FSG. Thanks for watching this Rask podcast. Gem, hello, episode two. Excited for this one? What are we going to be talking about today?
Gemma Mitchell 2:06
In the first episode was a really good introduction into what they are or refresher if you have been investing in them for a while or you've been hearing about them. So it's a really good introduction. We covered lots of ideas and concepts around them and the analogy of the chocolates. This one we're diving deeper into who makes money from them. How do you make money from them? more around, we talked about them as being a box and what might be in them. So we're going to dive into that a little bit deeper. What does index mean? Index and active are terms that people hear lots when they start looking into investing. So we're going to dive into that. And very importantly, how the share price works, because like shares, sometimes we see shares for $5 and sometimes we see them for $100.
Gemma Mitchell 2:51
So it'd be great to unpack that and look at where the value actually is.
Owen Rask 2:56
Yes, and speaking of unpacking, in episode one, we used a box of favorites to explain that buying an ETF is like buying the box of favorites. You don't have any control over how many chocolates or anything like that go in. Now, we did unpack this box um to do the demonstration in episode one and i can tell you that um one of the chocolates that has has gone missing um from the table in front of me so i'm if you do notice any difference between episode one and two um that that would be you know that your explanation now we actually went in on a bit of a my apologies i thought we were done with the favorites so i ate one of the shares Not to fear because we have Ferrero Rochers, which are a vastly superior option, and we'll explain why they're here in just a minute as well.
Owen Rask 3:43
But we did go on a bit of a kind of discussion. You got into the old AI to find out. Had some questions. How did the chocolates end up inside the box? Because we've only got on the table here in front of us, we did have three cherry wraps.

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