What is an ETF/ETC?
Like any other fund, an ETF (Exchange Traded Fund) is a basket of stocks or bonds that can be bought in a single purchase. Many popular ETFs track the performance of well-known indices such as the FTSE 100 or S&P 500. They can also track themes such as clean energy or robotics.
An ETC (Exchange Traded Commodity) follows the price of commodities such as oil or gold.
Please note that whilst ETFs are traded on a stock exchange throughout the day, Moneybox does not currently offer live ETF trading.