[This ETF Industry Perspective is sponsored by Fidelity.]
A challenging market is prompting investors to look closely at investment costs to preserve more of their modest returns. Exchange-traded funds (ETFs) have grown in popularity as more investors look to add these low-cost, tax-efficient vehicles to their portfolios.
This ETF Basics brochure will help answer questions your clients may have about ETFs, such as: what is an ETF, why should I consider investing in ETFs, how do I purchase ETFs, how do I use ETFs to meet my investment goals? Sharing this brochure with your clients will provide them with a better understanding of ETFs and how investing in ETFs can help them reach their long-term investment goals.
ETFs are subject to market fluctuation, the risks of their underlying investments, management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Fidelity Investments Institutional Company, Inc.