Where was the world's first ETF created?

Most people say, “Of course it was made in America.” But the answer is Canada; it started with an ETF called “TiPS 35,” which was created on the Toronto Stock Exchange in 1990. Isn't the fact that this small product, born from an unexpected place of origin, later passed through Wall Street and became the seed of investment innovation that shook the global financial market, more interesting than you might think?

ETFs seem like products that simply follow stock indices, but they actually have a much more complex structure. The rate of return varies greatly depending on what indices are tracked, how much compensation is paid, and how distributions are paid. If I invest without knowing the principles of ETFs, the index rises, but it's hard to understand why my account is in place. So knowing the basic principles and structure of ETFs is the first step.

ETFs don't buy and sell stocks myself; asset managers manage them for me to track indices. However, during this process, there are significant differences between management companies in terms of operation methods, rebalancing cycles, and actual transfer items. This is why ETFs perform differently, even if they follow the same index after all. Knowing whose hands and how the ETF I bought is managed is not just a matter of curiosity; it is an investor's right and essential knowledge.

I recommend it to people like this

Investors who have invested in ETFs but don't know how their money is managed
Investors who don't have time to structure and manage their own portfolios
Investors interested in specialized ETFs such as high dividends, covered calls, and TDF

Tonight, let's share the story of how ETFs have grown into the world's best investment products.

ETF Story - Revolutionary Egg Basket That Changed the History of Finance

ETF Story - Revolutionary Egg Basket That Changed the History of Finance