 Index funds and ETFs
Good day everyone,
I have just read up abt investing in index funds from the motly fools book on investments. Not familiar at all with paper investments so hope that some experienced investors can help shed some light on this topic.
What is the main difference between index funds and ETFs? If an ETF's aim is to replicate an index instead of in govt bonds, isn't it the same as an index fund?
The following question abit weird ar... Does Singapore have index funds? Cause the whole SGX web can find alot of ETF but not index fund, leading me to initially think that ETF is another term for index fund, just like how unit trust and mutual funds are the same.
Many thanks for the help!
Ken | 
