Archive for the ‘ETFs’ Category

What Are Exchange-traded Funds and How Do They Work?

Thursday, May 10th, 2007

What Are Exchange-traded Funds and How Do They Work? An exchange-traded fund (ETF) is a basket of securities created to track as closely as possible a particular market index, such as the Standard & Poor’s 500 Index or the Dow Jones Industrial Average. They’re similar to mutual funds in that they ...

Getting Started with ETFs

Wednesday, June 21st, 2006

Conceived more than 80 years ago and now owned by 91 million individuals from 54 million households in the U.S., mutual funds owe their strong appeal to a combination of features: professional management, instant diversification for low minimum investments, prices based on net asset value ...