What is an Exchanged Traded Fund?

An Exchange Traded Fund is a security that tracks an index or basket of assets like an index. ETFs trade like stocks on an exchange.

Why Exchange Traded Funds?

• ETFs usually have lower expenses than the index funds that they track.
• ETFs track a variety of indexes and therefore make diversification easier, enabling you to reduce the overall risk of your portfolio.
• ETFs offer more tax efficient ways of investing in the stock market.