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Re: SFSecurity post# 41204

Saturday, 08/27/2016 10:10:59 AM

Saturday, August 27, 2016 10:10:59 AM

Post# of 47072

in one of your posts you reference "ETF/ETP/ETN". What is ETP?

Exchange Traded Products - a collective name for ETF, ETC, ETN's. Funds - that track something like a stock index; Commodity - that track a commodity; Notes - that are typically bank issued - such as perhaps a index total return swap (can be useful as there may be no income involved, just the total return amount, which may be more tax efficient for some investors (receive the effective benefit of a dividend without it being a 'dividend' (income)).

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