Definition
An ETF is a fund that trades on the exchange just like a regular stock — you can buy and sell it at any time during the trading day at market price. Most ETFs follow an index and have very low management fees.
Advantages of ETF
Low costs · Flexible trading · Automatic diversification · Transparency about holdings · Accessible to everyone
Popular ETFs for Norwegian investors: iShares Core MSCI World UCITS ETF · Vanguard FTSE All-World UCITS ETF · iShares Core S&P 500 UCITS ETF
"The best tool is the one that gives the most effect with the least effort. For many investors ETF is exactly that."— Florence Scovel Shinn