What are Exchange traded funds?

An exchange traded fund is similar to stocks because it is traded on a stock exchange. It is a type of investment fund that holds assets such as stocks, bonds and commodities, and it trades close to its net asset value over the course of the day. An exchange traded form bears some similarities with the depository receipts. Before going further, let us analyze what a depository receipt is. [Read more…] about Exchange Traded Fund (ETF)