The Low-Cost ETF That Has Turned $10,000 Into More Than $50,000 in 10 Years

Exchange-traded funds (ETFs) can offer you an easy way to gain exposure to a lot of stocks through just a single investment. But that doesn't mean you have to sacrifice good returns in the process.

Growth-focused ETFs can generate strong, market-beating returns for investors while also providing excellent diversification. One ETF that has been a particularly good investment over the past decade is the Fidelity MSCI Information Technology Index (NYSEMKT: FTEC).

The Fidelity MSCI Information Technology Index ETF comes with a fairly light expense ratio of just 0.08%. That's important as higher fees can chip away at your returns over time. But that's not the case with this Fidelity fund, making it an attractive option for long-term investors.

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Source Fool.com