Introduction to ETFs – what are they and what’s their purpose?

When it comes to investing, one major event happened in 1993 which was the launch of the very first Exchange Traded Fund. Since then ETF’s popularity has grown massively.

In today’s video, let’s look at ‘What is an Exchange Traded Fund?’. We will explain what:
– funds,
– mutual funds,
– index funds,
– and ETFs
are and how they are similar and different.

Our Investing 101 series covers the fundamentals of investing and tries to bring you the basics to build a solid foundation. Let us know in the comments for future topics you would like to see covered in these videos.

0:00 – Intro
1:25 – What is a fund?
2:30 – Mutual funds
3:16 – Index funds
3:50 – ETFs
6:43 – Drawbacks
8:00 – Currencies

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