行业术语释义

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Exchange Traded Funds (ETFs)

These are index funds, the shares of which are traded on the exchange under the guidance of the manager and repeat the structure of the underlying index, asset and exchange rate. ETFs provide an opportunity to invest in overly complex or expensive markets. For example, it is easier to buy a share in an ETF that deals with the assets of S&P 500 companies than to buy them individually.