ETF

ETF stands for Exchange-Traded Fund. It is a type of investment fund that is traded on stock exchanges, similar to individual stocks. An ETF holds a collection of assets, which can include stocks, bonds, commodities, or other securities, and aims to track the performance of a specific index or benchmark. Investors can buy and sell shares of an ETF throughout the trading day at market prices, which may fluctuate based on supply and demand. ETFs are popular for their diversification benefits, lower fees compared to mutual funds, and tax efficiency. They provide a way for investors to gain exposure to a broad range of assets without having to buy each individual security.