EXCHANGE TRADED FUNDS

exchange traded funds: translation

( ETF)

Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. The ETF can be traded within the day, they can be shorted, purchased on margin and there even exists options on some ETFs. Bloomberg Financial Dictionary

————

Shares issued by financial institutions that allow participants to trade benchmark indexes like a stock. Chicago Mercantile Exchange Glossary

————

exchange traded funds ( ETFs)

Exchange traded funds are 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 stocks. Exchange Handbook Glossary