EXCHANGE TRADED FUNDS (ETF)

An exchange-traded fund (ETF) is a type of investment fund that operates much like a mutual fund but it can be purchased or sold on a trading venue the same way that a regular stock can. Typically, ETFs will track a particular index, basket, investment theme, commodity, bonds or other assets, and its price will change throughout the trading session. Additionally, ETFs tend to be more cost-effective and more liquid compared to mutual funds.