DNH welcomes framework for ETFs, says timing crucial

Thursday, 13 October 2011 00:35 - - {{hitsCtrl.values.hits}}

DNH Financial Ltd. yesterday welcomed the availability of regulatory framework for Exchange Traded Funds (ETFs).

The Daily FT yesterday exclusively reported this development in tandem with new Code for Unit Trusts being gazetted.

“Whilst ETFs could indeed provide a desirable investment opportunity for investors to tap the local market, its attractiveness will to a large extent depend on the performance of the market as ETFs are generally passive investment schemes. Consequently, market timing will be critical in the launch of any ETF,” DNH added in a commentary in its daily report on the market.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.