PUBLIC MARKS with tags finance & currency

ETFs retain the valuation feature of a unit trust, which can be purchased/redeemed at the end of each day for its net value - but you’re not limited to trading at the close price. An ETF is continually priced through market trading hours and so intra-day trading becomes possible. (Not something that ever went on with unit trusts or mutual funds).

The first 2 letters of the code are the ISO 2-character country code and the third is (usually) the initial of the currency itself.

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