Exchange-Traded Fund

An exchange-traded fund is a fund that pools investors’ money in a variety of investments. Like traditional mutual funds, exchange-traded funds are publicly traded on national exchanges. Unlike traditional mutual funds, which are priced only at the end of a trading day, investors can purchase and sell exchange-traded funds like ordinary stock because they are priced continuously throughout the trading day.

This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.

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