Exchange traded products is the collective name for exchange traded funds (ETFs) and exchange traded notes (ETNs).
They are investments that give you access to either a basket of securities or a commodity through a single listed share traded on an exchange, or access to the returns earned by a basket of securities or a commodity, or even a single share on a foreign exchange.
They are index-tracking investments, as they track the price of securities in an index or a commodity on an commodities exchange and are therefore typically low cost.
Not all ETPs are collective investment schemes.
What is an exchange traded fund?