What are ETFs?

ETFs are exchange-traded funds. Most ETFs track a market index, such as the SMI, and aim to replicate it as closely as possible.

Unlike expensive active investment funds, passive ETFs explicitly do not try to beat the market index (something that most active funds fail to achieve in the long term anyway).

What is an ETF? And what should you look out for when choosing one? Watch our video podcast to find out more.