Exchange traded funds
Posted by Jack Haddad on March 3, 2008 at 3:47 pm
Exchange traded funds (ETF) assets totaled more than $568.7 billion of the more than $1 trillion in stock index funds as of Jan. 31, according to the Investment Company Institute. This represents 32% increase over last year. However, the number is down $39.7 billion from December of 2007. Although the market offers many ETFs, few have a long history. Very few have a one-year performance record, let alone a three-year record — arguably an important milestone — so only time will tell whether they can build solid track record over longer time periods.
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