CFI code group : [TRM02562S]Exchange-traded funds (ETFs)[TRM02562E] [CE]
CFI code group specification as per ISO 10962:2021
An ETF is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs track an index, such as a stock, bond or commodity index.
CFI code group attributes
1st attribute of group CE : Closed / Open-end
Possible values are:
O
Open-End
C
Closed-End
M
Others (Miscellaneous)
2nd attribute of group CE : Distribution Policy
Possible values are:
I
Income Funds
G
Accumulation Funds
J
Mixed Funds
3rd attribute of group CE : Assets
Possible values are:
R
Real Estate
B
Debt Instruments
E
Equities
V
Convertible Securities
L
Mixed
C
Commodities
D
Derivatives
F
Referential Instruments
K
Credits
M
Others
4th attribute of group CE : Security Type
Possible values are:
S
Shares
U
Units