# \[TOP STORY\] The rise of retail investors and active ETFs in SA

An episode of [MoneywebNOW](https://invisiblenetwork.ai/podcast/1511485972), 2 Oct 2026, 6:44.

Audio: https://dl.iono.fm/epi/prov_216/epi_1724140_medium.m4a?p=rss

‘Unit trusts are fractional, so they're very easy to put on a list. ETFs trade on the exchange, but you can trade them intraday. So they each have their own positives – and negatives’: Niki Giles from Prescient Fund Services.

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