An ETF (exchange-traded fund) is an investment vehicle that is designed to enable investors to track (usually) a particular index through a single liquid instrument that can be bought or sold on a stock exchange. ETFs offer the characteristics of investment funds, such as pooled investment and broad market diversification, but combine this with characteristics more commonly associated with equities, such as continuous pricing and trading. This eCourse provides a high-level introduction to the world of ETFs and their key features.

On completion of this eCourse, you will be able to:
- Define an ETF and recognize the creation and redemption process for these funds
- Identify the key features of ETFs from an investing and trading perspective
- Compare ETFs with mutual funds
- Identify the key market and regulatory developments that have impacted the ETF industry in recent times

ETFs - An Introduction
Topic 1: ETF Creation & Redemption
Topic 2: ETF Trading & Investing
Topic 3: ETFs vs. Mutual funds
Topic 4: Market Development