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How well do you know ETFs?

Posted on 25 October 2013

A friend recently bought the Vanguard FTSE Europe ETF (VGK) after reading an encouraging report of growth in Europe. He commented that he only uses exchange-traded funds (ETFs) today because he can “get his money back faster” than if he bought a mutual fund. That led to an interesting conversation about ETFs.
I helped my friend understand that ETFs are mutual funds under the law. The difference between the two has more to do with technicalities than anything else. ETFs receive some special treatment from the Securities and Exchange Commission (SEC)………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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