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An exchange-traded fund (ETF) is an investment fund made up of a collection of investments, such as stocks or bonds , that are held by a group of investors and managed by a professional portfolio manager. ETFs are traded on the stock exchange, and they can be sold short or on margin. It is also possible to trade futures contracts and options on ETFs.

Evaluate how an ETF may fit into your investment portfolio and whether it aligns with your financial goals. You can get an overview of an ETF, including the investments it holds, past performance, and fees, by reading the ETF factsheet. You can view an interactive sample ETF snapshot at MoneyGerezYourMoney.ca. The past performance of an ETF cannot predict its future performance. However, it can give you a snapshot of how the ETF has performed under different market conditions.