JPMorgan Equity Premium Income ETF seeks to deliver monthly distributable income and equity market exposure with less volatility.
Exchange-Traded Fund (ETF)
An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold from other owners throughout the day on stock exchanges whereas mutual funds are bought and sold from the issuer based on their price at day's end. An ETF holds assets such as stocks, bonds, currencies, futures contracts, and/or commodities such as gold bars, and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs are index funds: that is, they hold the same securities in the same proportions as a certain stock market index or bond market index.
There are Some Kind of ETF is.........
- Index ETFs
- Commodity ETFs
- Currency ETFs
- Actively managed ETFs
- Inverse ETFs
- Leveraged ETFs
- Thematic ETFs