ETFS

Trading Basics

ETFS

Exchange Traded Fund. An investment fund traded on a recognized exchange. The fund can give the investor exposure to a certain sector, index or risk. The investor just has to make one purchase of the fund and not all the underlying investments.

Other Trading Basics

Book Value

A valuation of something using its net assets on the balance sheet.

A very rough way of valuing an asset because it ignores the intangibles.

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