What is an 'Exchange-Traded Fund (ETF)'? Definition & meaning

More terms

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Collective investment scheme

Learn what's a collective investment scheme

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

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Exchange-Traded Fund (ETF)