This article considers exchange traded funds (ETFs) and exchange traded commodities (ETCs). ETFs are listed securities that allow investors to gain exposure to a basket of securities or other assets designed to replicate the performance of a market index or benchmark.
This article explains the main features of ETFs and ETCs, explains the in-kind creation and redemption process for ETFs and considers the advantages and the risks of investing in ETFs.
WHAT IS AN ETF?
