One of the many great things about investing in exchange-traded funds is how easy it is to find out what they cost, what they hold, how they’ve performed and how much income they pay.
ETF Facts is a standardized four-page document that regulators require investment firms to provide clients who buy ETFs. To find ETF Facts for a particular fund you’re researching, find its online profile and click on the tab that says “documents” or “literature.” A quick and easy way to find an online fund profile is to google the ETF company’s name along with the relevant stock symbol. Example: BMO ZCN for the BMO S&P/TSX Capped Composite Index ETF, which has the symbol ZCN.
-Average daily trading volume: Gives you a sense of the level of investor interest in a particular fund. Popular ETFs often trade in the hundreds of thousands of shares per day on average, or more. A thin trading volume would be in the hundreds of shares per day on average, or the low thousands.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »