J
jacques
Guest
I've heard constant mentions of Exchange Traded Funds in the media but am still unclear as to how exactly they operate. Apparently they hold a portfolio of securities, usually equities, and aim to replicate the performance of an index. This sounds exactly like an Index Tracker. Can anyone tell me what the difference is between the two and how they compare as regards charges. I have a lump sum of 10k to invest and am wondering what the pros and cons are of choosing one over the other.
