What Are Exchange-Traded Funds (ETFs)?
What are Exchange-Traded Funds (ETFs)? This summary discusses only Exchange-Traded Funds (ETFs) that are registered as open-end investment companies or unit investment trusts under the Investment Company Act of 1940 (the “1940 Act”). It does not address other types of exchange-traded products that are not registered under the 1940 Act, such as exchange-traded commodity funds or exchange-traded […]