Exchange Traded Fund
HUBA is wrong.
DIHIRM said GLD is the "most popular".Totally wrong. SPY is the hot-est selling ETF and the highest volume stock on the American Stock Exchange. It represents the S&P 500.
ETF's offer flexabilty to sell and buy during the trading day. Most (not all) are less expensive than traditional Mutual Fund as far as annual expenses.
They can be more expensive to own if traded alot. But most people don't trade regular mutual funds, so there's no comparison. With today's cost of trading ($12.95 and less) the trading cost is a mute point.
The number one manufacturer of Mutual Funds is;
www.IShares.com (owned by Barclays Bank).......
2007-11-03 00:32:43
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answer #1
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answered by Common Sense 7
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well before i illustrate it, the word ETF means Exchange Traded Fund. For example :- Most Ppular ETF is Gold ETF.
in this type of fund gold units are trade electronically like shares in any share exchange which is backed by physical gold.
one can buy and sell those gold units according to there investment needs.
2007-11-03 03:38:52
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answer #2
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answered by dhiraj 2
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Exchange Traded Fund
2007-11-03 02:16:48
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answer #3
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answered by Ranto 7
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It is a kind of mutual fund that is traded during market hours like a stock. Its price is constantly adjusted for changes in the prices of the stocks or other investments it holds. It can be a less expensive alternative to traditional mutual funds, if you buy and hold it. But if you buy and sell ETFs frequently, they can be more expensive and less profitable than traditional mutual funds.
2007-11-03 03:17:55
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answer #4
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answered by Uncle Leo 5
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exchange traded funds, similar to unit trusts.
IShares, Lxyor are 2 companies that are involved in singapore's ETF
2007-11-04 10:19:46
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answer #5
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answered by magician 2
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or Electronic Transfer of Funds. Depends on the context or where it was used.
2007-11-03 02:20:03
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answer #6
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answered by Huba 6
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