Thursday, April 2, 2009

ETF - What is it?

Exchange Traded Funds (ETF) is considered to be one of the most innovative products of recent times. These funds, unlike mutual funds, trade in the stock market and offer retail investors a simple way to invest in otherwise complex investments.

At the most basic level, ETFs are just what their name implies: baskets of securities that are traded, like individual stocks, on an exchange (all available offerings currently trade on the American Stock Exchange).

Read more about them at these two sites.>>>


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