Financial Terms

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Exchange Traded Funds (ETFs)

These are index funds, the shares of which are traded on the exchange under the guidance of the manager and repeat the structure of the underlying index, asset and exchange rate. ETFs provide an opportunity to invest in overly complex or expensive markets. For example, it is easier to buy a share in an ETF that deals with the assets of S&P 500 companies than to buy them individually.

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Risk warning: Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.