What is an ETF?
An Exchange Traded Fund (ETF) is a an open ended fund traded on a stock exchange. Typically, the aim of an ETF is to:
Replicate the return of an underlying benchmark or strategy.
provide the same return as a specific index or asset class*.
ETFs offer investors access to a variety of asset classes at a relatively low cost and can be used as the building blocks of multi-asset portfolios. Investors can benefit from the broad diversification of an equity benchmark, gaining exposure to hundreds or thousands of individual securities in a single transaction.
Characteristics and benefits
Why use an ETF?
*Before fees and expenses