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ETF Comparisons

ETFs Compared to Shares and Unit Trusts

Feature ETF Shares Unit Trusts
Transparently traded Yes Yes No
Trading times During market hours During market hours Typically one a day at historic price
Pricing intra day Yes Yes No
Portfolio transparency High High Varies
Diversified investment Yes No Yes
Investment style Tracker N/A Active or Tracker
Stamp duty Not on the purchase of ETF shares Yes No
Irish Takeover Panel Levy No (where structured as a UCITS) Yes No
CREST settlement Yes Yes Not usually