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Home > QFINANCE Dictionary > Definition of exchange-traded fund

Definition of

exchange-traded fund

Markets

fund traded like stocks a group of stocks that can be traded on a stock exchange like a single stock and is linked to a specific market index.

Related definitions of "exchange-traded fund"

Recommended Further Reading (Term count)
  • Burton Malkiel
    American economist, and author of classic finance book, A Random Walk Down Wall Street
    Burton Malkiel is an economist and author of the seminal investment book, A Random Walk Down Wall Street. He began his career in investment banking for Smith Barney & Co., before teaching at Princeton, where he became Professor of Economics at Princeton University, and Chairman of the Economics Department. He is a past appointee to the President’s Council of Economic Advisors, and has served on the boards of several financial corporations,...
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    “It is the pervading law of all things organic and inorganic…that form ever follows function.”Nineteenth century Chicago architect Louis Sullivan famously observed that a building’s design must follow from its functional use. The same might be said about the design of modern portfolios and their management entities (pensions, endowments, asset managers, etc.). After emerging over the past decade as a simple portfolio management rubric,...
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    by David Pitt-Watson
    Money managers (also known as fund managers or investment managers) manage money on behalf of other people. In most Western countries more than half the population will, directly or indirectly, have a money manager working for them. The managers find suitable investments, and are usually given the discretion by clients to make investments on their behalf.It is usually the client who owns the investment and takes the risk that it will do well or...
  • An Overview of Shariah-Compliant Funds
    This checklist looks at leasing, equity, development, and commodity funds that are compliant with shariah law, outlining what they are and how they operate.

Definitions of ’exchange-traded fund’ and meaning of ’exchange-traded fund’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’exchange-traded fund’ and other financial terms with our online QFINANCE Financial Dictionary.

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