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Mutual Funds and ETFs: What Are They and Which is the Better Investment For You

ETFs are funds made up of a variety of securities that are bought and sold through a broker. The ETF provider owns the underlying securities in the fund, and the investors in the fund own a portion of the fund. However, the ETF investors do not own the underlying assets in the fund. Rather, the investors share in the profits and losses of the entirety of the fund.

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