Exchange traded fund – a basket of assets that tracks an index and is listed on a stock exhange (unlike traditional index funds which are not listed), which means that ETFs can be bought and sold through the trading day. ETFs typically have higher liquidity and lower running costs that index funds.

Mike Rawson

Mike is the owner of 7 Circles, and a private investor living in London. He has been managing his own money for 35 years, with some success.

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