ETFとは、証券取引所に上場し、株価指数などに代表される指標への連動を目指す投資信託で、 「Exchange Traded Funds」の頭文字をとりETFと呼ばれています。 たとえば、ETFの代表的な商品として、「東証株価指数（TOPIX）」に連動するETFがあります。 TOPIXとは、東京証券取引所によって発表される、東証第1部の全銘柄の動きを反映した株価指数のこと。このTOPIXに連動するETFは、TOPIXの値動きとほぼ同じ値動きをするように運用されます。 つまりこのETFを保有することで、TOPIX全体に投資を行っているのとほぼ同じ効果が得られます。 なお一部、投資信託の仕組みを用いていない商品や、日本の法律ではなく外国の法律に基づいて組成された外国籍ETFも、日本の市場に上場していますが、それらも総称してETFと呼ばれることがあります。 ETFは、運用の仕組みとして現物拠出によ
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