Fractional shares
Definition
A fractional share is part of a full share of a company's stock, or exchange traded fund (ETF). Fractional investing means investors can buy portions of shares instead of buying whole shares - which can cost more than US$600,000. Fractional shares don't come with some full share shareholder benefits, such as voting rights, but investors may receive dividends. Learn more about fractional shares.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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