Knowledge cluster
Funds & ETFs
Pooled investing: mutual funds, index funds and exchange-traded funds, how they are built, what they cost and how they differ.
Definition
Exchange-Traded Fund (ETF)
An ETF is a pooled investment fund whose shares trade on a stock exchange throughout the day, typically tracking an index of stocks, bonds or other assets.
5 min read
Definition
Index Fund
An index fund is a fund that aims to match a market index rather than beat it, by simply holding what the index holds. Low costs are the entire point.
5 min read