They're called "pure-play" exchange-traded funds (ETFs). And they're the latest rage in the ETF sector.
But are they too much of a risk?
According to Dictionary.com, a mutual fund is an investment company "that gives small investors access to a well-diversified portfolio of equities, bonds and other securities," professionally managed to "match the objective stated in the (fund's) prospectus."
Futures contract
Article Index
Are 'Pure-Play' ETFs a Shrewd Investment - Or a Risk Not Worth Taking?
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