BRIEF

on Gotrade Financial Inc

Gotrade Indonesia enriches its offering with ETFs to democratize investment

Gotrade Indonesia, a leader in fractional investments, announces the addition of Exchange-Traded Funds (ETFs) to its portfolio. This new feature will allow Indonesian investors to diversify their investments while benefiting from reduced costs. This expansion responds to the increasing demand for diversified investment options and the awareness of the financial advantages of ETFs. The move is part of a broader effort to democratize access to various assets, offering significantly lower fees on average compared to actively managed mutual funds.

The recent regulation by the Indonesian Commodity and Futures Trading Regulatory Agency (CoFTRA) has facilitated the integration of ETFs into the local market, welcomed by Norman Wanto, CEO of Gotrade, as a major advancement for the platform's investors. In partnership with Valbury Asia Futures, Gotrade now enables fractional investment in over 600 US companies and various ETFs, making investment more accessible to Indonesians looking to grow their wealth.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Gotrade Financial Inc news