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ETFs are index funds and not synthetic derivatives. They trade and settle like single shares and are typically backed by baskets of securities designed to track indices. On most exchanges ETFs can be used to go long and short.

Commodity The first commodity ETF was launched in Canada in March 2001. Commodity ETFs allows investors to satisfy asset allocation and diversification requirements, hedge inflation or speculate on commodity indices such as the S&P GSCI. Trading commodity indices as a

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