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Meaning / Definition of

Biotechnology Industry ETF

Categories: Mutual Funds,

An exchange-traded fund that focuses on investments in the biotechnology industry. Most companies in this industry offer products and services related to health care, but the industry also includes companies that work in the fields of agriculture and the environment. Exchange-traded funds are similar to mutual funds, but they are traded on an exchange like stocks. A biotechnology industry ETF may invest in both domestic and international firms.

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