12 – What is an ETF and How Does it Work?
In this lesson, we'll talk about ETFs and why they're such useful tools for investors. In the next lesson, we'll look at Mutual Funds.
In this lesson, we'll talk about ETFs and why they're such useful tools for investors. In the next lesson, we'll look at Mutual Funds.
On January 22, 1993, the first ETF was launched, an instrument that allowed the purchase of a portfolio of 500 companies in a single transaction.