ETFs offer the ability to track market performance. They are traded on the stock exchange with instant pricing.
Exchange traded funds replicate the performance of a chosen benchmark, effectively allowing investors to track the market and easily gain exposure to a wide range of assets. While they can be bought and sold like shares, they differ in that they carry an annual management charge. However, these charges are less than those typically found in actively managed unit trusts.
To learn more about ETFs please watch these videos produced by iShares: