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CHXX: China Infrastructure
Benefiting from Organic Urban
Growth in China
ETF Overview
What is an ETF?
? A security that tracks an index, a commodity, or a basket of assets like an index fund, but
trades like a stock on an exchange
? By owning an ETF, you get the diversification of an index fund as well as the ability to sell
short, buy on margin and purchase as little as one share. Another advantage is that the expense
ratios for most ETFs are lower than those of the average mutual fund. When buying and
selling ETFs, you have to pay the same commission to your broker that you'd pay on any
regular order - Investopedia
? E.g. SPDR S&P 500 Index (SPY)
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Author: Saam Motamedi
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