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= Mutual Fund = | |||
* Professional advisers actively managing investments on behalf of others at a fee. | * Professional advisers actively managing investments on behalf of others at a fee. | ||
= Index Fund = | |||
* First launched as Vanguard Group in 1976 by John C. Bogle, who believed that it was more important to stay invested. He created a fund that tracked S&P 500 (aka Vanguard 500 (VFINX)). | * First launched as Vanguard Group in 1976 by John C. Bogle, who believed that it was more important to stay invested. He created a fund that tracked S&P 500 (aka Vanguard 500 (VFINX)). | ||
= Exchange-traded Fund (ETF) = | |||
* Same goal as index fund: to provide investors with a benchmark return at minimal cost. Difference is that it costs more to trade index funds while ETF is often traded commission-free. | * Same goal as index fund: to provide investors with a benchmark return at minimal cost. Difference is that it costs more to trade index funds while ETF is often traded commission-free. | ||
* Best to use the largest, most widely traded ETFs. | * Best to use the largest, most widely traded ETFs. | ||
== Vietnam == | |||
* VanEck Vectors Vietnam ETF (VNM) -- companies in Vietnam, or at least 50% in Vietnam | |||
* Guggenheim Frontier Markets ETF (FRN) - 9% in Vietnam | |||
* Columbia Beyond BRICs ETF (BBRC) - 6% exposure to Vietnam | |||
* iShares MSCI Frontier 100 (FM) - 3.63% exposure to Vietnam |