Preet Banerjee is a management consultant to the financial services industry with a focus on the commercial application of behavioural finance research and fintech. He is a fellow of the Canadian Securities Institute, and holds the Derivatives Market Specialist (DMS) and Financial Management Advisor (FMA) designations. He is a director at FAIR Canada (Foundation for the Advancement of Investor Rights), and member of the governing council at the University of Toronto. He won the Portfolio Managers Association of Canada’s Excellence in Investment Journalism award in 2012, and was named by Advisor.ca as one of Canada’s Top 10 Financial Visionaries. You can learn more about Preet at his website: PreetBanerjee.com, on YouTube, and Twitter.
ETF stands for Exchange-Traded Fund. That might sound like an abstract term, so let me give you a rough definition: you can think of ETFs as just investment funds. And an investment fund is a way for many investors to pool their money together and to have this money invested according to a particular strategy or philosophy. Why...