What Is An ETF? (Exchange-Traded Fund) #shorts #investing #finance #personalfinance #entrepreneur
15In today's question of the day, we are asked “What is an ETF?” An Exchange-Traded Fund (ETF) is a type of investment fund and exchange-traded product, with shares that are tradeable on a stock exchange. ETFs typically aim to track the performance of a specific index, a commodity, bonds, or a basket of assets. They offer a convenient way for investors to gain exposure to a diverse range of investments in a single trade. On top of that ETF’s can offer lower fees and are generally easier to invest in compared to other funds.
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