Hi HC fellows. I want to see how you guys buy ETFs in your SMSF. I am looking in the market and feel confused as I am new to fund trading. For example when I look into iShares S&P 500 EFT IVV, it's currently traded at unit price $386, while it's underline asset value (share values) is only $286. What makes people pay the same assets with $100 premium? Are all the EFTs similar in this premium consideration? Index fund ETFs are supposed to track the Indices but if the premium markup is so big, I wonder they still have this character.
Alternatively, It's highly appreciated if you can recommend some other way to buy index funds. I am currently with eSuperfund.
Cheers
