Sophisticated investors choose ETFs over mutual fundsPosted by RJ and Makay on Aug 26, 2011 |
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Exchange traded funds (ETFs) are attracting wealthier, younger and more engaged investors than their mutual fund counterparts, according to a new joint study by Cerulli Associates and the Investment Company Institute (ICI). Advisors, for the most part, are not using a lot of ETFs, but investors who utilize them tend to represent the ideal advisor client.
exchange traded funds
Global X Funds has applied for regulatory approval to launch an exchange-traded fund (ETF) that will invest in social networking stocks. The New York-based company is the first to roll out an ETF geared toward social media. The fund will track the Solactive Social Media Index now under development by German company Structured Solutions AG.








