The Exchange Traded Funds Manual Gastineau Gary L - An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset. MSCI Inc. (formerly Morgan Stanley Capital International and MSCI Barra), is a Global provider of equity, fixed income, hedge fund stock market indexes, and multi-asset portfolio analysis tools..
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