What is meant by exchange traded fund?
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a type of investment fund that is traded on a stock exchange.
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Answer: An exchange-traded fund is a pool of hundreds or thousands of equities or bonds managed by experts and traded on major stock exchanges. ETFs trade similarly to stocks and bonds, allowing investors to purchase and sell shares at any time throughout the trading day. This can have an impact on the share price both up and down. ETFs are known for their low fees.
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