What are Exchange Traded Funds (ETFs)?
For the new investor who is just starting out, selecting individual stocks may be daunting but ETFs can provide instant diversification and exposure to the share market for these beginners. What are ETF’s Instead of buying individual stocks, investors can buy a managed fund listed on the stock exchanged called Exchanged Trade Funds (ETFs). Many of these products track an index, so investors can buy these products and gain exposure to the index that the ETF tracks. For instances if …