Vanguard FTSE 100 UCITS ETF GBP (Acc.) - VUKG

[SebReitz]

Hi
People shouldn’t give financial advice on this forum and you should definitely not take any financial advice from people on this forum.
Familiarise yourself with the asset and see if it fits your investing style and goals. There’s lot of threads about ETFs on here.

What is an ETF?

One thing that neither of the ETF articles mention is what an ETF is. It tracks a set of stocks/assets… so what does that mean in practice? Say, your ETF tracks two stocks, 50% of A and 50% of B. When I buy 1 share of that ETF, am I effectively buying 50% of a share of each of those companies? OK, so now I sell my 1 ETF share, as one element of ETFs is that they are tradeable. Am I free to chose my sale price, or am I forced to price it in line with the calculated value from those underlying sh…