For the beginning investor, there are many types of investments to consider, from bonds to mutual funds to stocks. And giving the stock investor even more choices are exchange-traded funds (ETFs)—baskets of securities that trade on stock exchanges like individual stocks.
ETFs are aimed at specific themes, objectives, or representation. There are thousands of ETFs, based on focus on technology, utilities, stocks that pay dividends, stocks in emerging markets, as those that include only the large so-called “blue chip” companies.
