División de Valores, 3er Piso

Comisión Corporativa de Arizona

Calle 1300 del Oeste Washington

Phoenix, AZ 85007

 

Principal: (602) 542-4242

 

Número Gratuito en Arizona:
1-(866) 837-4399

 

Correo Electrónico:
ValoresDiv@azcc.gov

Ask and Check
Before You Invest!

Exchange-Traded Funds (ETFs)

What Every Investor Needs to Know

ETFs are baskets of investments such as stocks, bonds, commodities, currencies, options, swaps, futures contracts and other derivative instruments that are created to mimic the performance of an underlying index or sector.

Retail investors are purchasing ETFs as an alternative to mutual funds and other investments. Unlike a mutual fund, which is bought and sold directly from the fund issuer at the fund's net asset value (NAV)—a price set at the end of each trading day—an ETF is bought and sold on an exchange like any listed stock at a price continuously determined on the exchange.

Depending upon the type of ETF, an investor's risk of financial loss can vary. With leveraged or inverse ETFs, for example, there are derivatives involved, which carry a higher degree of risk than traditional ETFs.

As part of your due diligence, view an Investor Alert on the various types of ETFs before you invest.


The information provided on this website is not comprehensive, is not offered as legal or investment advice, and is not a substitute for competent legal or financial counsel. The Securities Division provides this information to give you an overview of the topics discussed. You should not rely on the accuracy of this information, but should carefully review all applicable statutes and regulations with the assistance of legal counsel.

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Check here to sign up for Consumer Alerts from the Corporation Division. To receive alerts for your business register at eCorp.azcc.gov.Please call 602-542-3026 with questions for the Corporations Division.

Check here to sign up for Notices and Agendas for Commission Meetings, Hearings and Appearances.Please call 602-542-3931 with any questions.

Check here to receive the latest Commission News Releases and information. Please call 602-542-0728 with any questions.

Arizona Corporation Commission

1200 W. Washington Street

Phoenix, AZ 85007

 

Corporations Division

1300 W. Washington Street

Phoenix, AZ 85007

 

Tucson Office (Walk-ins only)

400 W. Congress Street

Tucson, AZ 85701