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Exchange-Traded Fund

In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.

Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will rise and fall in value pretty much the same amount as the Dow or S&P.

You can also buy ETFs that invest in other types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few years, so there is no shortage of ETFs to invest in.

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Winn-Dixie Pulls Some Tomatoes On FDA Salmonella Warning

 
Sue Chang
MarketWatch Pulse
 

SAN FRANCISCO -- Winn-Dixie Stores Inc. is removing from shelves certain tomatoes following a Food and Drug Administration warning on the link between salmonella and select types of tomatoes, the retailer said Monday. Winn Dixie will destroy the tomatoes after removal and is advising consumers who have already bought these products not to consume them. The move comes after the FDA on Saturday expanded its warning to consumers that a salmonellosis outbreak has been linked to consumption of certain raw red plum, red Roma, and red round tomatoes, and products containing these raw, red tomatoes. Since mid-April, there have been 145 reported cases of salmonellosis caused by Salmonella Saintpaul nationwide, according to the FDA. Salmonella can cause serious and sometimes fatal infections particularly in young children, the elderly, and those with weakened immune systems, it said.

Copyright © 2008 MarketWatch, Inc.

 
 

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