ETF Trading System Quick Facts
February 3, 2009 7:23 am NewsThe acronym ETF stands for exchange-traded fund. It is similar to a stock and may be bought at brokerage firms. They are not solely for U.S. citizens as the ETF trading system is found in many developed nations. Some of the international ETFs are the Pacific Rim funds and the European funds and other country funds with developed economies. ETFs are generally considered safe and involve little risk. It is growing faster than the mutual funds. As of mid 2003, ETF assets in the United States alone have reached more than $155 billion, what more now. It is the most innovative investment instrument the last twenty years.
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