Exchange-traded funds (ETFs) are a type of investment fund that tracks a basket of assets, such as stocks, bonds, or commodities. They offer a number of advantages over traditional mutual funds, including lower costs, greater transparency, and more flexibility. As a result, ETFs have become increasingly popular with investors around the world.
In Canada, there are a number of different ways to buy ETFs. One option is to purchase them through a broker. Brokers offer a wide range of ETFs from different providers, and they can help you choose the right ETFs for your investment goals. Another option is to buy ETFs directly from the issuer. Issuers are the companies that create and manage ETFs. They typically offer a smaller selection of ETFs than brokers, but they may offer lower fees.