What are some differences between an ETF and a mutual fund?

 

One major difference is that ETFs (Exchange Traded Funds) typically trade like a stock, meaning they can be priced and traded multiple times throughout the day on an exchange. Mutual funds, like Tangerine Investment Funds, simply trade once a day with a closing price at the end of the trading day. Another difference is that ETFs tend to be lower cost in nature because they simply track an index or sector without needing a fund manager to call the shots.