Chapter 3

Getting to Know the Players

In This Chapter

arrow Setting up an account for your ETFs

arrow Meeting the brokerage houses

arrow Finding out who supplies ETFs to the brokers

arrow Introducing the indexers

arrow Distinguishing between the exchanges

arrow Looking out for the middlemen

Even the most novice of investors have heard of mutual funds. Countless commercials talk about mutual funds, advisors are always pushing funds, and it’s likely you or your parents have owned mutual funds in the past. Mutual funds have been around for decades, so it’s no surprise that often when you mention the letters E, T, and F to someone they look at you with a blank stare. Some may even shudder at the thought of giving up their beloved mutual funds.

Part of the problem is that people simply don’t know where or how to purchase an ETF. Advisors often shy away from them because often they can’t make as much money selling them as ...

Get Exchange-Traded Funds For Canadians For Dummies now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.