An ETF (Exchange Traded Fund) is a basket of securities that tracks the performance of an underlying index (such as the FTSE/JSE Top 40 Index, for example) or an asset, like gold. You invest in a share of that basket by buying into the ETF via a stock exchange. The big benefits of an ETF? You get instant diversification in your portfolio, plus, you generally pay lower fees. Read more about ETFs for New Investors

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