10 Sep ETF’s and ETN’s; What are They and How do They Work?
ETF – Exchange-Traded Fund – Represents a stake in the underlying commodity, holds the assets it tracks. ETN – Exchange-Traded Note – Structured product that is issued as senior-debt notes (debt that possesses the highest priority if the company goes bankrupt). Inverse ETF/ETN – Designed to return the exact opposite performance of the underlying index/benchmark (in […]