ETF
An ETF, which stands for Exchange-Traded Fund, is a passively managed investment fund, traded on an exchange like a share, that replicates the performance of an index, a single asset or a basket of assets.
The aim of an ETF is not to “beat” the market, but to track its reference performance. For this reason, its management costs are generally lower than those of actively managed funds.
In some jurisdictions, ETFs and ETPs (Exchange-Traded Products) linked to crypto-assets such as Bitcoin have been introduced to replicate their price performance. These are financial instruments subject to regulated-market rules, distinct from the direct purchase of the underlying crypto-asset.
Disclaimer: Young Platform does not offer ETFs or the investment products described in this entry. For details on the services actually provided by Young Platform, please refer to the General Terms and Conditions.