RIM 3Q 2020 Newsletter
As described by famed author Eric Balchunas, “an ETF is a marriage between an index fund (passively managed with low-costs and diversification) with the trading features of a stock (intraday trading, price transparency).” An ETF is a type of security itself, that includes a collection of other securities—such as stocks—that tracks an underlying index, different industry sectors, and/or commodities
