1 million Aussie investors online by 2001

A two-month survey conducted by Your Prosperity Ltd predicts that by the middle of 2001, more than one million Australian investors will be trading shares or managed funds online. Whilst most investors are trading shares over the internet, Mr John Reid, chief executive of Your Prosperity, believes that investors will also become increasingly interested in managed funds in the immediate future.

‘Online trading boom’, George Lekakis, The Australian Financial Review, 27/06/00, p 26.