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Author Topic: Exchange Traded Funds - Online Brokerage Firms  (Read 129 times)
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Exchange Traded Funds - Online Brokerage Firms
         


            
            
            
            They're Exchange traded funds (ETFs) -- and they're half mutual fund, half individual security. With an ETF, you buy and sell shares in an entire portfolio of securities — as if you were buying and selling shares of a single stock. And just like with mutual funds, you own shares of the ETF rather than shares of the underlying investments. Each ETF tracks an index or a sector, both broad and narrow.  An ETF can include dozens or hundreds or thousands of securities.  As the number of indexes to track keeps growing, so do the number of ETFs...   And here's an interesting tidbit... In the U.S. -- each index typically has just one ETF tracking it... So only one ETF goes where no other ETF has gone before.Live long and prosper.
            
            
               Author: wallstreetetv
               Keywords:  etf exchange traded funds online trading firms
               Added: May 3, 2008
            

         
         

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