An Exchange-traded funds is a hub for transaction such as purchase of securities, shares which are sold on an exchange.
The Exchange-traded funds offers similar benefits like that of stocks, mutual funds, bonds etc but its prices are greatly determined by the supply and demand.
Examples of some Exchange-traded funds includes:
- Bond exchange-traded funds which provide exposure to different types of bonds.
- Currency exchange-traded funds allow one's to participate in currency market transactions without purchasing a physical currency
- Gold exchange-traded funds allow one's to participate in gold transaction without purchasing a physical gold etc.
The main features of the Exchange-traded funds is the funds price ability to fluctuate easily because of people's demand and supply on the platform.
Learn more about Exchange-traded funds here
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