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Exchange Traded Funds
Essay specific features
Written by:
Dora C
Date added:
August 15, 2015
Level:
University
Grade:
A
No of pages / words:
11 / 2905
Was viewed:
5697 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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