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Day: July 19, 2023

What Are the Different Types of Exchange Traded Funds (ETFs)?

What Are the Different Types of Exchange Traded Funds (ETFs)?

Finance
Exchange-traded funds (ETFs) are investment vehicles consisting of a diverse range of securities, such as bonds, shares, money market instruments, and more. They typically aim to mirror the performance of an underlying asset. In simple terms, ETFs combine different investment options, embodying the favourable aspects of both mutual funds and stocks. ETFs share similarities with mutual funds in terms of their structure, regulation, and management. Similar to mutual funds, they are collective investment tools that enable investors to access a broad range of asset classes, including stocks, commodities, bonds, currencies, options, or a combination thereof. Furthermore, ETFs can be bought and sold on stock exchanges, just like stocks. In this post, you can learn about the different types...