ETF (Exchange-Traded Fund): What is it and How to Invest?
Exchange-Traded Fund or in briefly, ETF has transformed the financial landscape by providing a flexible and cost-effective means for individuals and institutions to participate in a wide range of assets. ETF combines the finest qualities of mutual funds and stocks to create a one-of-a-kind vehicle that provides diversity, liquidity, and transparency to investors. ETFs provide investors with the simplicity of stock trading, cheap expenses, and tax-efficiency benefits of mutual funds.
What is an ETF?
Exchange-traded funds, or ETFs, are similar to mutual funds. They invest in a broad range of securities, including stocks, bonds, and other asset classes. ETFs are traded on stock exchanges, much like individual stocks, and investors can buy and sell fund shares at market prices throughout...