The Difference Between an ETF and an ETP: Part II

Part II of our guide to exchange-traded products looks at ETFs and the specifics of the replication techniques they use

Gordon Rose, CIIA 20 April, 2011 | 9:19AM

Click here for Part I of this guide to exchange-traded products.

Financial literature is flooded with acronyms many investors struggle to keep up with. It seems as though every new financial product comes with at least two new acronyms. The ETF world is no exception. In fact, already at this point is where we find the first misconception, as we define them Exchange Traded Fund or ETF is not an umbrella term but rather a specific product-type within a wider range.

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About Author

Gordon Rose, CIIA

Gordon Rose, CIIA  is an ETF analyst with Morningstar Europe.

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