Nowadays, local investors can have the new option to invest Exchange Traded Fund (ETF). If not mistaken, FBM30etf was the first ETF, which was introduced by AmInvestment Bank Group in year 2007.
Basically, ETF is quite similar to open-ended unit trusts. It represents a basket of stocks which is designed to track the performance of the indices. It’s traded like a share and is listed on Bursa Malaysia, so for those who have a CDS account then they can buy or sell ETF at any time during trading hours.