What are Exchange Traded Funds or ETFs?

ETFs, short for Exchange Traded Funds are baskets of securities made up of any number of assets including stocks, bonds, futures, commodities and so on that are traded, like individual stocks. The ETF’s behave like stocks and currently all trade on the American Stock Exchange.

Unlike regular open-end mutual funds, ETFs can be bought and sold intra-day (and throughout the trading day). Continue reading What are Exchange Traded Funds or ETFs?