Definition
A pooled investment fund that trades on an exchange like a stock.
Why it’s relevant today
ETFs now cover nearly every asset class and strategy.
Why it matters
Their costs, holdings, liquidity, and taxes can differ materially.
A pooled investment fund that trades on an exchange like a stock.
ETFs now cover nearly every asset class and strategy.
Their costs, holdings, liquidity, and taxes can differ materially.
Discussion
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