exchange traded fund: translation
ETF (Exchange traded fund)
A collective investment vehicles which track indices - they can allow low cost exposure to the performance of an index as quickly and efficiently as the most liquid UK stocks. London Stock Exchange Glossary
————
Tracker or Exchange Traded Fund
Trackers are open-ended mutual funds that seek to match the returns of a market index. The funds usually invest in the securities that make up the corresponding index. When you invest in index funds, you are essentially seeking to "buy the market" and not trying to outperform it. NYSE Euronext Glossary