Exchange Traded Funds | What is an ETF and How do they Work?
May 14th, 2009 by
An exchange-traded fund (or ETF) is an investment vehicle that is traded on stock exchanges, much like stocks. An ETF holds assets such as stocks or bonds and trades at approximately the same price as the net asset value of its underlying assets over the course of the trading day. Most ETFs track an index, [...]
Source:Exchange Traded Funds | What is an ETF and How do they Work?
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