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Q.

Can anyone define what is exchange traded fund ETFs?

Tags: money, exchange traded, fund etfs
Asked by siddharth Paliwal, 11 Nov '11 11:11 am
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Answers (3)

1.

A security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold.
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Answered by prachi, 14 Jun '12 02:04 pm

 
  
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2.

For a good definition you can check out google or wiki. But in simple terms ETF is an instrument designated in units, where each unit tracks its underlying asset (which can be equity index, gold, sectoral index, etc.) For instance a Nifty ETF simply tracks the Nifty, while Gold ETF tracks gold prices. Each unit of ETF will be equivalent to a fraction of the index or asset it is tracking. You can also visit www.nsegold.com to know about Gold ETFs.
Answered by NASAman, 20 Dec '11 04:17 pm

 
  
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3.

Hi, Exchange traded fund is the investment fund which can be traded in the stock exchange.Through these funds stocks, commodities etc can be traded over the stock exchange.They are advantageous for assest diversification.They also maintain the feature of ordinary stock like short selling, you can invest in the ETFs through various mutual fund companies like Reliance mutual fund, ICICI etc.
Answered by mohit jagannath, 11 Nov '11 11:14 am

 
  
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