ETF Basics

• Growth of ETFs
  • Over 300 US ETFs covering global equity, fixed income & commodities
• What is an ETF
  • Like a stock
    • Trading intraday on the exchange
    • Long or short strategies
    • Options
  • Like an index fund
    • Tracks benchmarks
    • Low expense ratios
    • Low turnover
• Benefits
  • Low cost
  • Tax efficiency
  • Transparency
  • Risk management
  • Liquidity
  • Flexible