What are money market exchange-traded funds (ETFs)?
Could you elaborate on money market exchange-traded funds (ETFs)? For those unfamiliar with the term, what are they in essence? How do they operate? Are they a SAFE investment option? What kind of returns can investors expect from them? Are they suitable for both short-term and long-term investments? Are there any specific risks associated with investing in money market ETFs? Additionally, how do they differ from other types of ETFs and traditional money market funds? Understanding the nuances of these financial products is crucial for investors to make informed decisions.