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That's wrong, as the article makes clear. ETF just means you can trade the fund on an exchange (as opposed to transacting with a fund manager like Vanguard). Yo
by foobarqux 12y ago
That's wrong, as the article makes clear. ETF just means you can trade the fund on an exchange (as opposed to transacting with a fund manager like Vanguard). You can have ETFs that track an index or ones that do other things, many examples of which are given in the article.