If a customer intends to engage in intraday trading and has an investment objective of capital growth she may purchase exchange traded fund.
An exchange-traded fund or ETF is a type of the pooled investment security which operates mostly like a mutual fund.
In general , exchange traded funds will always track a particular index, commodity, sector or other assets.
ETFs can be purchased and sold on a stock exchange in the same way which a regular stock can. An ETF can also be structured to track anything from the price of any individual commodity to a great and diverse collection of the securities.
ETFs can also be structured to track the specific type of investment strategies.
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