ETFs are the new kids on the investing block, but they've already become among the most popular. They provide investors with diversity, low cost, and flexibility.
ETFConnect - Education Center - Index ETFs - Know Your Funds: "An index ETF is an investment structure that pools the assets of its investors and uses public indexes to invest the money to meet clearly identified objectives, such as current income or capital appreciation. Index ETFs are essentially passive index funds, similar to traditional index mutual funds, that allow investors to trade a portfolio of securities in a single transaction." Read more of this guest article.
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