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Payouts: From 0.5% to 7% monthly. Deposit return in 3/6/12 months.
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Min/Max: $100 / $∞
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Added: Nov 19th, 2019
Monitored: 63 days
Lifetime: 63 days
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EXCHANGE FUND (ETF) is an investment fund whose shares are freely traded on the American exchanges NYSE, NASDAQ. The vast majority of exchange-traded funds are index funds, that is, they track the movement of a particular stock exchange index. The value of ETF securities corresponds to the dynamics of the index underlying the fund (repeats the movement of a specific index, for example, S&P 500, DJIA, Nasdaq100, etc.). ETFs are securities certifying the legitimate ownership of a share in a basket of shares. In order to create an ETF in the United States, the management company must submit to the Securities and Exchange Commission a detailed plan (describes the set of procedures and structure of ETFs). As a rule, only the largest money management companies with experience in investing in indexes can create ETFs.
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