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Basic, Benefits, Types And Taxation

Basic, Benefits, Types And Taxation

What are Exchange Traded Funds (ETFs)?

Exchange Traded Funds or ETFs are securities that are traded, like individual stocks, on an exchange. Unlike regular open-end mutual funds, ETFs can be bought and sold throughout the trading day like any stock. Most ETFs charge lower annual expenses than many mutual funds. As with stocks, one must pay a brokerage to buy and sell ETF units.