By Investopedia.comExchange-traded funds (ETFs) are an investing innovation that combines the best features of index mutual funds with the trading flexibility of individual securities. ETFs offer diversification, low expense ratios and tax efficiency in a flexible investment that can be adapted to suit a multitude of objectives. (To learn more about the features and benefits that ETFs offer, see Advantages of Exchange-Traded Funds.) To reap the true benefit of investing in ETFs you need to use them strategically. At the most basic level, ETFs can be used as part of bot[...]
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[Source: The Money Blogs]
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