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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