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What is an exchange-traded fund (ETF)

An exchange-traded fund (ETF) is a collection of shares that make it easier to invest in a large number of companies with little risk and maximum reward.

An exchange-traded fund (ETF) is a security that tracks an index, a commodity, or a basket of assets—just like an index fund—but trades like a stock on an exchange.  We chose each ETF we invest your money in because of liquidity, diversification, and low management fees.

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