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Are exchange traded funds just cheap trackers?

Posted on 12 February 2013

Exchange traded funds (ETFs) are becoming increasingly popular as investors seek more products that they can trade quickly and cheaply. ETFs aim to replicate a fund structure but also trade on an exchange.
“It looks like a fund but trades like a share,” says Hector McNeil, co-founder of Boost ETP. “They are very democratic. They allow any investor access to usually difficult-to-trade-on markets, currencies or asset classes at wholesale prices.”……………………………………….Full Article: Source


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