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What are Exchange-Traded Funds?

Updated over 4 years ago

Exchange-traded funds (ETFs) are a low-cost alternative to typical mutual funds. ETFs are a collection of stocks and bonds that follow a specific investment strategy. For example, the FTSE Canada Index ETF (VCE) offered by Vanguard tracks the performance of a broad index that measures the investment return of publicly traded stocks in the Canadian market.

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