What is an ETF?

Exchange traded funds are in effect trackers. They track the market and perform in line with the markets. The cost is normally on average 0.25%. Vs a DFM this is normally a saving of 1.5% on average. An ETF needs to be sold when markets go down otherwise it will track the market down also.

It is very hard to sell at the right time without a crystal ball. Hopefully for the fees you pay a DFM will sell out and protect you in a bear market.

Sadly, most funds including DFMs do not beat the index. I.e you pay more in the hope of beating the index, yet you rarely do actually beat the index.

Some funds do consistently beat the index. I obviously focus on these. Quality over quantity!