ETFs and Index Funds Explained: A Beginner's Guide
Index funds and ETFs let you own hundreds of companies in one low-cost investment. Here's how they work, why fees matter, and how to get started.
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European Central Bank reference rates for 2026-11-02. Banks and card providers usually add a margin — compare before you send money abroad.
| 1 EUR = | Rate | 1 unit = EUR |
|---|---|---|
| USD | 1.1216 | 0.8916 |
| GBP | 0.8358 | 1.1965 |
| NZD | 1.9934 | 0.5017 |
| SGD | 1.4344 | 0.6972 |
| AUD | 1.6004 | 0.6248 |
| INR | 106.4505 | 0.0094 |
| CAD | 1.5673 | 0.638 |
| JPY | 177.1 | 0.0056 |
| CNY | 7.4567 | 0.1341 |
| HKD | 8.8002 | 0.1136 |
| CHF | 0.9193 | 1.0878 |
| MYR | 4.5655 | 0.219 |
| PHP | 71.274 | 0.014 |
| THB | 37.865 | 0.0264 |
Index funds and ETFs let you own hundreds of companies in one low-cost investment. Here's how they work, why fees matter, and how to get started.
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