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So it makes a lot of sense before we get started, let's define what is an ETF. Jim Rowley: Simply put, an ETF is an exchange-traded fund, right? It's a pooled investment vehicle that acquires or disposes of securities. Investors own a pro rata share of the assets in that fund. The fund issues new shares or redeems existing shares to meet investor demand. Furthermore, and I should say providing some type of an investment exposure to those advisors, whether it's an index in particular or a market strategy. Liz Tammaro: And even thinking about that, we can talk about maybe what are some of the benefits of the mutual fund versus an ETF or, sorry, even vice versa, ETF versus mutual fund.
Jim Rowley: I'll take that because I think I don't necessarily like the word disadvantage. Investment Products. Get in touch Call, email 24/7 or visit a branch Call us: 800-454-9272Email us Trade commission–free for 60 days + get up to $600* See details Open new account Investment Products All you need to build and manage your portfolio—in one place Having access to a wide variety of online trading and investment choices, powerful trading platforms, and research and education can help you build a portfolio suited to your needs. Open new account At TD Ameritrade, we don’t charge platform or data fees. Check the background of TD Ameritrade on FINRA's BrokerCheck.
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