Saturday, August 22, 2015

What is an ETF or ETN?

Guide to 
Exchange Traded Funds and Notes
 versus Mutual Funds

An exchange traded fund (ETF) is a communal vehicle for investment, as is an exchange traded note (ETN). This primer profiles the duo of instruments and compares them to mutual funds. The relative merits of the securities are explained, along with the grave risks both blatant and subtle. The serious investor has to juggle the crucial factors in order to thrash out a robust program of investment.

The ebook is available in multiple formats including Amazon Kindle. Another example is PDF at the Internet Archive; but here you should shun conversions such as EPUB which were produced automatically by the archiving system and features poor formatting.  ;-)

*       *       *