What is an ETF and how does it work?

Like a stock, ETFs are traded on a stock exchange, providing the flexibility to buy and sell throughout the trading day. Like a mutual fund, most ETFs allow you to own a variety of stocks or bonds inside one investment.
All investments, including exchange-traded funds, carry a certain amount of risk. Your Edward Jones financial advisor can discuss your investment needs and select the most appropriate exchange-traded fund(s) to help meet those needs.
Commissions, trailing commissions, management fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.
Investors should understand the risks involved of owning investments, including interest rate risk, credit risk and market risk. The value of investments fluctuates, and investors can lose some or all of their principal.