One of the best investing developments in recent years is the emergence and growth of Exchange Traded Funds (ETFs). They are opening up a whole new world for many investors.
An Exchange Traded Fund is a basket of securities, and it trades just like a single stock would. ETF’s are somewhat of a buzzword these days and there’s good reason why.
ETFs can be created to follow a broad market, an international market, an industry, or some other investing composition.