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What's the difference between an ETF and a mutual fund?
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An ETF is an Exchange Traded Fund, which is a type of investment that combines the features of both a stock and a mutual fund. A mutual fund is an investment vehicle that pools money from many investors to purchase securities such as stocks or bonds. ETFs are traded on exchanges just like stocks, but they have more flexibility than traditional mutual funds because they can be bought and sold throughout the day at market prices. This means that you can buy and sell ETFs quickly and easily, making them ideal for those who need access to markets around the world.