Portfolio
A stock-exchange-traded index fund that tracks an index such as the MSCI World as closely as possible, offering broad diversification at low cost.
An ETF (exchange-traded fund) is a passively managed investment fund traded on stock exchanges that tracks a specific index. Instead of actively selecting securities, the ETF simply buys all the index components, or a representative sample of them.
ETFs offer broad diversification at very low cost (typically 0.05–0.50% per year) and can be traded on exchanges at any time. They are the instrument of choice for most passive investors.
There are ETFs for virtually every conceivable market: shares, bonds, commodities, property, individual countries, sectors, or strategies.
See taxes, dividends and allocation for your whole portfolio in one place.