• Introduction

    The 3 types of listed funds in Global ETFs Center:

    A. Exchange-Traded Funds (ETFs)

    Exchange-traded Funds (ETFs) are investment funds that are traded throughout the day on stock exchanges during normal trading hours.

    Most ETFs are index-tracking open-end fund that aims to track the performance of the underlying index by holding a portfolio of the constituent stocks of that index. Some ETFs are grantor trusts that hold their underlying assets, such as gold or a currency, and are tradable based on their value.

    ETFs combine the advantages of investing in index funds, including diversification and low costs, coupled with the liquidity and flexibility of investing in individual stocks.

    B. Exchange Traded Notes (ETNs)

    Exchange Traded Notes (ETNs) are unsecured debt obligations of the issuer. designed to track the total return of an underlying market index or other benchmark. ETNs do not represent ownership of the constituent stocks of the respective index. Instead, it is an obligation of the issuer who is delivering the index or asset performance in cash upon early repurchase or maturity.

    ETNs are not equities or index-tracking funds, but they do share several characteristics with these investments. For example, like equities, ETNs are traded on stock exchanges. Like an index-tracking funds, ETNs are linked to the return of an underlying market index.

    C. Closed-End Funds (CEFs)

    Closed-End Funds (CEFs) have a limited number of shares that are issued through an initial public offering (IPO) and then traded on stock exchanges. The proceeds from the IPO are invested in a portfolio of securities actively managed by the fund's manger intending to meet the fund's investment objective.

  • Exchange-Traded
    Funds (ETFs)


       
  • Exchange-Traded
    Notes (ETNs)


  • Closed-End Funds
    (CEFs)