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Exchange Traded Funds are open-ended collective investment schemes which are traded as shares on most
global stock exchanges. Investors can do much the same with the ETF as they could with normal stock. Prices
will fluctuate and they can be bought and sold just like any other stock listed on an exchange. ETFs
are more tax-efficient than other mutual funds and by tracking indexes they run with low operating costs.They
are however bought through a broker and these fees should be considered.
For in depth information on Exchange Traded Funds visit http://en.wikipedia.org/wiki/Exchange_traded_fund
For the latest ETF news and performance figures got to http://finance.yahoo.com/etf
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