The classic ice cream segment contributed approximately 80% in global retail ice cream industry in 2012, whereas Nestle and Unilever, the two largest players captured one-third of the total market. New product development and innovation plays an important role as a growth driver for industry.
In this example, most investors would expect one share of the ETF to trade at $2 per share (the equivalent worth of Security X and Security Y). While this is a reasonable expectation, it is not always the case. It is possible for the ETF to trade at $2.02 per share or $1.98 per share or some other value.
Exchange traded funds (ETFs) are uniquely structured investment products that track indexes, or baskets of assets, including stocks, bonds, currencies, real estate and commodities. Because ETFs can cover a broad range of assets, they offer investors diversity from a single investment. When you purchase ETF shares, you are buying shares of a portfolio that tracks the yield and performance of its underlying asset(s). Like stocks, ETFs can be purchased on margin and sold short, and prices fluctuate throughout each trading session as shares are bought and sold on various exchanges.