Exchange Traded Funds

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Issue:

Business

 

Written by:

Dora C

 

Date added:

August 15, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 2905

 

Was viewed:

5630 times

 

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Essay content:

CHAPTER 2 Introduction to Exchange Traded Funds (ETF) Concept of ETFs ETFs are just what their name implies: baskets of securities that are traded, like individual stocks, on an exchange. An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold...
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An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold. Because it trades like a stock whose price fluctuates daily, an ETF does not have its net asset value (NAV) calculated every day like a mutual fund does...
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