ETF
From China Stock Market
(Redirected from Exchange Traded Fund)
Exchange-traded funds (or ETFs) are open-ended collective investment schemes, traded as shares on most global stock exchanges. Typically, ETFs try to replicate a stock market index such as the S&P 500 or Hang Seng Index, a market sector such as energy or technology, or a commodity such as gold or petroleum.
The ETFs in recent years have become very popular because of its versatility and low fee structure.
More information on the basics of ETFs can be found at Wikipedia http://en.wikipedia.org/wiki/Exchange-traded_fund
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