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Ewpple 4 ETF Basic Facts.
1. An ETF is a basket of securities that tracks the movement of an index.
2. ETFs trade on an exchange just like a stock does.
3. ETFs are more cost-effective and more liquid when compared to mutual funds or unit trusts.
4. Examples of ETFs are SPY tracking S&P 500 stock index, QQQ tracking NASDAQ 100 & GLD tracking spot gold price.
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