Exchange-Traded Fund (ETF)

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Definition of “Exchange-Traded Fund (ETF)” :

An Exchange-Traded Fund (ETF) in South Africa is a type of investment fund and exchange-traded product, which is bought or sold on a securities exchange. It tracks an index, sector, commodity, or asset, offering a way to invest in a broad market or specific sector without having to buy individual securities. It’s similar to a mutual fund but is traded on the stock exchange like an individual stock.

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