What is an exchange-traded fund (ETF) ?
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What is an exchange-traded fund (ETF) ?
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An exchange-traded fund (ETF) is a basket of investments made up of assets such as stocks or bonds, which allow you to invest in many securities all at once. They often have lower fees than other types of funds and are traded with more ease.
Like mutual funds, ETFs are SEC-registered investment companies that offer investors a way to pool their money in a fund that makes investments in stocks, bonds, other assets or some combination of these investments and, in return, to receive an interest in that investment pool.
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