ETF

An Exchange Traded Fund (ETF) is a type of security that tracks an index, commodity, bonds, or a basket of assets like an index fund but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs are typically more cost-effective and more liquid when compared to mutual funds. They offer various advantages such as easy diversification, low expense ratios, and tax efficiency. They are suitable for investors who want to gain exposure to a wide array of assets without directly investing in the market index or commodities.