Exchange Traded Funds - ETF's
An Exchange Traded Fund or ETF as it is known is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold. They are considered to be a high risk investment made up of assets such as stocks, commodities and bonds. Although commonly ignored they can be suitable as part of a portfolio given their relatively low costs. At Romilly we will help you find a suitable ETF choice via our discretionary partners.